120-130 Sherwood Court, Waterloo, 50701

Multi-Unit - Five or More Units For Sale


MLS® #: 20181972

Investment opportunity with great cash flow. 96% occupied as of Jan 1, 2019. Cap rate approx 13 / NOI is $87,800+ /// Three 8 plexes with NEW ROOFS. (24) 1 bed/1 bath units. Approx 480 sf ft each. Landlord responsible for sewer and water, lawn & snow. Rent roll and income/expense reports available upon request.

Essential Information

MLS® #: 20181972
Price: $690,000
Bathrooms: 0.00
Square Footage: 12,288
Acres: 1.56
Year Built: 1977
Type: Multi-Unit
Sub-Type: Five or More Units
Status: Active

Community Information

Address: 120-130 Sherwood Court
Area: Black Hawk
City: Waterloo
State: IA
Zip Code: 50701


Parking Spaces: 40
Parking: Parking Area
Garages: None


Cooling: Central Air


Exterior: Vinyl
Roof: Asphalt

School Information

Elementary: Kingsley Elementary
Middle: Hoover Intermediate
High: West High

Additional Information

Zoning: R-3

Listing Details

Listing Agent: Brian Wingert
Listing Office: Structure Real Estate


$/SqFt: $56

IDX Data comes from Northeast Iowa Regional Board of REALTORS®. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated on January 23rd, 2019 at 7:37am CST.