701 Swan St - Multi-Family FOR SALE


West Burlington, IA 52655
$2,300,000 USD
515-415-6111
701 Swan St, West Burlington, IA for Sale
$2,300,000 USD
Multi-Family - FOR SALE
1/20
null | Request Cap Rate

701 Swan St
West Burlington, IA 52655


HIGHLIGHTS

  • 100% Occupied
  • Located just off HWY 34 and within a mile of major retailers such as Lowe’s, Kohl’s, Walmart, Hy-Vee, Hobby Lobby, Dicks Sporting Goods, and Starbucks
  • All two-story 2-bedroom, 1.5-bath floor plans

OVERVIEW

CBRE is pleased to offer The Hawthorn Apartments, a 31-unit property located in West Burlington, Iowa. West Burlington (population: 3,184) is adjacent to Burlington which has a population of 23,637. The property is located just off HWY 34 and within a mile of major retailers such as Lowe’s, Kohl’s, Walmart, Hy-Vee, Hobby Lobby, Dicks Sporting Goods, and Starbucks. The property consists of six buildings built in 1969 and features all two-story 2-bedroom, 1.5-bath floor plans. 16 of the 31 units have been renovated. All units have washer and dryer connections. Address: 701 Swan St, West Burlington, IA 52655 List Price: $2,300,000 Year Built: 1969 Number of Units: 31 Unit Mix: All 2BR/1.5BA Occupancy: 100% Total Building SF: 29,812 Avg. In Place Rent: $814 Number of Buildings: 6 Number of Stories: 2 Parking: Surface Click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=VgeX3A1CWVmfXRZm43SNRBjv2xGxSuRZOXbdT37o463l7oDPyds9TrXf7b_P_VqD

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$78 USD /SF

# OF UNITS

31

PRICE/UNIT

$74,194

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Hawthorn Apartments

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,457 SF

ZONING

MF

APN/PARCEL ID

10-36-304-016

ASK ABOUT THIS PROPERTY

Ray HamiltonCBREMore Info
515-415-6111

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Ray HamiltonCBREMore Info
515-415-6111

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