645 S Lucas St - Apartments FOR SALE


Iowa City, IA 52240- Downtown Iowa City
$1,175,000 USD
319-331-6187
645 S Lucas St, Iowa City, IA for Sale
$1,175,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

645 S Lucas St
Iowa City, IA 52240
Downtown Iowa City


OVERVIEW

Each unit in this 8 plex has 4 beds and 2 baths. Total rents are $10,350 for the 24-25 term, some vacancies remain for the 25-26 term. Large concrete parking lot in rear of building.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$98 USD /SF

# OF UNITS

8

PRICE/UNIT

$146,875

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,665 SF

ZONING

RM12

APN/PARCEL ID

1015179009

ASK ABOUT THIS PROPERTY

Jeff EdbergLepic-Kroeger, RealtorsMore Info
319-331-6187

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Jeff EdbergLepic-Kroeger, RealtorsMore Info
319-331-6187

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