This newly constructed 12-unit apartment building in Monticello, Iowa offers investors the opportunity to acquire a fully stabilized, income-producing asset with significant tax advantages. Built in 2025, the three-story community combines modern design with operational efficiency, minimizing near-term capital requirements. Each residence offers an open-concept living layout with two bedrooms, one bath, in-unit washer/dryer hookups, full appliance packages, and private outdoor space — ground-floor patios and upper-level balconies provide scenic views of Monticello. The property is 100 percent leased on in-place agreements, generating an annual gross scheduled rent of $161,220 and delivering approximately $111,216 of net operating income after allowances. Current operating metrics reflect a going-in capitalization rate of 6.5 percent. Positioned under the Urban Revitalization program, the asset benefits from a rare 10-year, 100 percent property tax abatement on city-assessed value, significantly enhancing cash flow stability and investor yield. Situated near Hy-Vee Dollar Fresh, city parks, and within proximity to Jones Regional Medical Center, the property appeals to long-term renters seeking convenience and quality housing in a walkable, community-oriented environment. With minimal operating complexity and predictable revenue, this offering represents a durable addition to any multifamily portfolio.