NOT LISTED FOR SALE

406 Orbit Dr Hinton, IA 51024

-- Bed
-- Bath
9,336 Sq Ft
1.49 Acres

Last Sold August 26, 2022

Last sale price $1,185,000 $127 Per Sq Ft

About This Home

As of August 2022

The Orbit Drive Apartments are composed of three buildings, all individually parceled. 406 Orbit Drive is a 5 plex with all 2 bed, 1 bath apartments with coin operated laundry. 506 Orbit Drive is a 6 plex, all 2 bed, 1 bath apartment with four attached garages and laundry hook ups in each unit. 507 Orbit Drive is a 4 plex all 2 bed, 1 bath apartments with coin operated laundry. A few units have been updated with new carpet, LVP, and paint.

Last Agent to Sell the Property

Nic Madsen

Gateway Real Estate Advisors Listed on: 07/07/2022

Last Buyer's Agent

Nic Madsen

Gateway Real Estate Advisors Listed on: 07/07/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 1.49

Parking

  • 4 Car Garage

Home Design

  • 9,336 Sq Ft Home

Additional Features

  • 1.49 Acre Lot
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 24-17-256-002

Community Details

Building Details

  • Gross Income $131,700
  • Net Operating Income $94,362

Additional Features

  • 15 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Parking

4

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: 24-17-256-002
  • Year Built: 1971
  • Audio Surveillance: No
  • Current Leases Available: Yes
  • Video Surveillance: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 9336
  • Main Level Sq Ft: 3112
  • Sq Ft 2nd Level: 3112
  • Sq Ft 3rd Level: 3112
  • Price Per Sq Ft: 126.93

Garage/Parking

  • Internet: Yes
  • Garage Spaces: 4

Utilities

  • Coin Operated Laundry: Yes

Lot Info

  • Acres: 1.49
  • Parcel Number: 24-17-256-002
  • Zoning: L-M

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Tenant
  • Paid By Water: Owner

Multi Family

  • Rental Income: 128349
  • Electric Separate By Unit: Yes
  • Gross Income: 131700
  • Heat Separate By Unit: Yes
  • Number Of Units: 15

Tax Info

  • Year: 2021

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $1,185,000 -1.3% $127 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $1,200,000 -- $129 / Sq Ft
Source: Northwest Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nic Madsen

    Seller's Agent in 2022

    Nic Madsen

    Gateway Real Estate Advisors

    (712) 540-6562

    154 Total Sales

    Nic Madsen
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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 817934

Northwest Iowa Regional Board of REALTORS®
Iowa Plymouth County Hinton 51024

406 Orbit Dr, Hinton, IA

This home is located at 406 Orbit Dr, Hinton, IA 51024 since 07 July 2022. This property was built in 1971. 406 Orbit Dr is a home located in Plymouth County with nearby schools including Hinton Elementary School, Hinton Intermediate School, and Hinton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Iowa Regional Board of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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