4871 Tama St - Multi-Family FOR SALE


Marion, IA 52302
$285,000 USD
319-540-9070
4871 Tama St, Marion, IA for Sale
$285,000 USD
Multi-Family - FOR SALE
1/4
null | 6.93% Cap Rate

4871 Tama St
Marion, IA 52302


HIGHLIGHTS

  • Exceptionally Well-Maintained Asset
  • Strong In-Place Rents Averaging Nearly $800/Unit
  • TUrnkey Investment With Pride Of Ownership Throughout

OVERVIEW

Exceptionally well-maintained 4-unit property with strong in-place rents averaging just under $800 per unit. This is easily one of the highest quality assets of its vintage that we have toured, with pride of ownership evident throughout the entire property. The building has been carefully maintained over time and presents extremely well both inside and out. Investors will appreciate the turnkey nature of the opportunity, strong tenant appeal, and operational simplicity that smaller multifamily assets rarely offer at this level of condition. Opportunities to acquire a 4plex of this vintage in such clean, well-kept condition are becoming increasingly difficult to find in today’s market.

FOR SALE DETAILS

PRICE

$285,000 USD

PRICE/SF

$77 USD /SF

# OF UNITS

4

PRICE/UNIT

$71,250

CAP RATE

6.93%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

14024-03011-00000

ASK ABOUT THIS PROPERTY

Darin GarmanHeartland Investment PartnersMore Info
319-540-9070

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Darin GarmanHeartland Investment PartnersMore Info
319-540-9070

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.