NOT LISTED FOR SALE
2 Beds
2 Baths
26,373 Sq Ft
3.57 Acres

Last Sold March 15, 2018

Last sale price $2,800,000 $106 Per Sq Ft

32 Days on Market

Highlights

  • 3.57 Acre Lot
  • Landscaped with Trees
  • Coin Laundry
  • 48 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of March 2018

LOCATION-LOCATION-LOCATION! Fantastic Investment Opportunity to own this profitable pristine property! Located near ' Shopping Centers ' Grocers ' Fast Food ' Movie Theatres ' Sports Arenas 'Schools ' Colleges ' Coffee Bistros ' Fine Dining ' Medical & Eye Doctors ' Dentists ' Convenience Stores ' Auto Dealers & Services, to name a few. Tenants will enjoy living in this easily accessible, quiet, friendly neighborhood. 48 fully occupied apartments located in 4 well maintained buildings sitting on manicured lawns with mature shrubs and landscaping. Each apartment consists of a kitchen, living room, 2 bedrooms and 2 bathrooms that share a tub and shower. Also included is a 12' x 22' single garage. Tenant is responsible for electric and heat. Landlord is responsible for water, trash removal, snow removal and landscaping. Full time maintenance person on staff.

Last Agent to Sell the Property

Karla Hertz

Century 21 ProLink Listed on: 01/08/2018

Century 21 ProLink

Last Buyer's Agent

Richard J. Salem

Salem Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $51,696

Year Built

  • Built in 1967

Lot Details

  • 3.57 Acre Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • 48 Car Detached Garage

Home Design

  • 26,373 Sq Ft Home

Schools

  • Nodland Elementary School
  • East Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Community Details

  • 48 Units
  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 884708155016 & 17

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$51,696

Year Built

Built in 1967

Lot Details

0

Parking

48

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Property Features: Landscaping, Level Lot, Trees
  • Legal Description: Lakeport Manor 2nd Tct A Outlots 1 & 2, Woodbury County, Iowa
  • Newspaper: Yes
  • Year Built: 1967
  • School Middle Junior: East Middle
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 26373
  • Main Level Sq Ft: 8791
  • Sq Ft 2nd Level: 8791
  • Sq Ft 3rd Level: 8791

Garage/Parking

  • Garage Type: Detached
  • Internet: Yes
  • Garage Spaces: 48
  • Off Street Parking: 40

Utilities

  • Air Conditioning Type: Central
  • Fuel Type: Electric, Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City
  • Coin Operated Laundry: Yes

Lot Info

  • Acres: 3.57
  • Lot Sq Ft: 155509
  • Parcel Number: 884708155016 & 17
  • Zoning: NC.4

Rental Info

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

Tax Info

  • Year: 2017
  • Gross Taxes: 51696

Multi Family

  • Electric Separate By Unit: Yes
  • Heat Separate By Unit: Yes
  • Number Of Units: 48

MLS Schools

  • School Elementary: Nodland
  • School High: East High

Range of Values:

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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 List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $2,800,000 -6.7% $106 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $3,000,000 0.0% $114 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $3,000,000 -- $114 / Sq Ft
Source: Northwest Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 720082

Northwest Iowa Regional Board of REALTORS®

APN: 884708155016