CBRE is pleased to offer the opportunity to acquire Mapleleaf Apartments, a 48-unit apartment community located in Mount Pleasant, Iowa. Mt. Pleasant is home to numerous agriculture, manufacturing, and logistics companies and located at the junction of Hwy 34 and Hwy-218 in Southeast Iowa, 50 miles directly south of Iowa City. This property is owned and well-maintained by the original developer.
The property is located within a 5-minute drive to major employers including Walmart Distribution Center, Walmart Supercenter, Hearth & Home Technologies, Continental, Cornerstone Building Brands, Beck’s Hybrids, Golden Eye Distributing Company, and Innovairre.
Mapleleaf Apartments is a senior or disabled designated 100% Project Based Section 8 community with 5 years remaining on an Option 2 HAP contract. The last NSPIRE inspection was conducted 5/7/2025 and scored a 97.
Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=BlvyHeRmV_hDLE_0W-LsOGYPQ8OQZ30aTh_LOX6Y1q3-Ka2hVEbeebdvnrHvheRs