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.
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.