NOT LISTED FOR SALE

2322 Highway 130 Lowden, IA 52255

-- Bed
-- Bath
2,488 Sq Ft
1 Acres Lot

Sale Details

Date Sold: February 1, 2016

Last sale price $65,500 $26 Per Sq Ft

About This Home

As of February 2016

6 separate buildings with 14 storage units.11)10x20 units rent for $53.50 each.3)8x12 units rent for $32.10 each. Annual gross income:$8,217.60. Less: Sales tax:$537.60.Insurance:$600. Property Taxes:$1,600.NET ANNUAL INCOME: $5,480. 7.6% Cap rate on investment. PLENTY OF ROOM TO ADD SEVERAL MORE BUILDINGS. SEE LISTING AGENT FOR SELLER PLAN.There is an easement/shared driveway from 2324 Hwy 130 Lowden, see property map in documents. Sign frame to stay with the property current owner will remove sign insert.

Last Agent to Sell the Property

Daniel Oien

First Choice Real Estate LLC License #B44442000 Listed on: 11/19/2015

Last Buyer's Agent

Daniel Oien

First Choice Real Estate LLC License #B44442000 Listed on: 11/19/2015

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1995

Lot Details

  • 1

Listing and Financial Details

  • The owner pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$1,600

Year Built

Built in 1995

Lot Details

1 Acres

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1995
  • Number Stories: 1
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1

Interior Features

  • Floor Coverings: Concrete
  • Flooring: Concrete
  • Total Building Sq Ft: 2488

Exterior Features

  • Exterior Finish: Steel
  • Frontage Access: Country Road
  • Insulation: None
  • Roof Construction: Metal
  • Wall Construction: Steel/ST Fram

Utilities

  • Cooling: None
  • Heating: None
  • Utilities On-site: None
  • Water Supply: None

Lot Info

  • Estimated Number of Acres: 1
  • Zoning: Commercial
  • Estimated Land Size: 1.0 Acres
  • Easements Restrictions: Access
  • Land Description: Level
  • Property Type Use: Commercial

Rental Info

  • Lease Info: Tenants Rights
  • Lease Type: Gross
  • Owner Pays: All
  • Sale Lease Includes: Building, Business, Land
  • Tenant Pays: None
  • Terms Lease: Month to Month

Tax Info

  • Annual Taxes: 1600
  • Parcel Id Number Tax Id: 042008022530020
  • Tax Incentive: In City Limit
  • Tax Year: 2014
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Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2016 02/01/16 Sold $65,500 -9.7% $26 / Sq Ft
11/19/2015 11/19/15 For Sale $72,500 -- $29 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
Source: RMLS Alliance

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4168113

RMLS Alliance
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