450 N Dubuque St - Apartments FOR SALE


North Liberty, IA 52317
$2,000,000 USD
319-675-1694
450 N Dubuque St, North Liberty, IA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/6
null | 6.95% Cap Rate

450 N Dubuque St
North Liberty, IA 52317


OVERVIEW

450 N Dubuque Street is a 20-unit multifamily investment opportunity located in North Liberty, Iowa. Situated on 1.48 acres, the property consists of five buildings constructed in 1978 and features a balanced unit mix of ten 2-bedroom, 1-bath units and ten 1-bedroom, 1-bath units. Positioned in one of Eastern Iowa’s fastest-growing communities, the property benefits from strong rental demand and convenient access to the Iowa City–Cedar Rapids corridor. With a proforma NOI of $139,057 and a 6.95% cap rate, the offering provides stable cash flow and long-term investment potential in a high-growth market.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$102 USD /SF

# OF UNITS

20

PRICE/UNIT

$100,000

CAP RATE

6.95%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Willow Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

-

APN/PARCEL ID

0612410002

ASK ABOUT THIS PROPERTY

319-675-1694

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319-675-1694

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