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12-Unit Apartment Complex - A Turnkey Investment Opportunity! This well-maintained 12-unit apartment complex is a rare find for investors seeking a property that offers both stability and appeal. Each of the 12 spacious units boasts 2 bedrooms and 1 bathroom, providing an ideal living arrangement for any tenant. Tenants will appreciate the convenience of private, paved parking. The building's metal roofs ensure durability and low maintenance, while the clean, well-kept condition of the units reflects pride of ownership. Tenants are responsible for electricity, giving them control over their usage, while the owner covers water and trash expenses"”an attractive setup for prospective renters. Whether you're expanding your portfolio or looking for a solid investment, this apartment building has provided consistent income for the current owner. Don't miss out on this opportunity to own a turnkey property with excellent tenant retention and long-term appeal. Contact your favorite real estate agent to schedule your private showing!
| DAYS ON MARKET | 15 | LAST UPDATED | 1/16/2025 |
|---|---|---|---|
| YEAR BUILT | 1977 | COUNTY | Henry |
| STATUS | Pending | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| HEAT | Other |
| LOT | 0.73 acre(s) |
| LOT DIMENSIONS | 185x156 |
| PARKING | Paved |
| SEWER | Public Sewer |
| STYLE | Apartment |
| TAXES | 7636 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Southeast Iowa Realty Inc
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