Great rental property near Kirkwood Community College. Four separate buildings totaling 60 units. 4 three-bedroom/two bathroom units; 56 four-bedroom/2 bathrooms. Of that total there is a model unit and office unit. There is currently a total of 229 rentable rooms. Well maintained and professionally managed by Heritage Property Management - Tom Slattery 319-365-3610. Call listing agent for more details. Income and expenses (includ. taxes) are estimate taken from Pro Forma. Possess.=September 1, 2012
Very nice construction 6,000 SF strip mall right near Wal-Mart, movie theater, restaurants, Kohls, and more. Good traffic counts on intersection of Manufacturing Drive and Valley West Court. 1,500 SF currently rented by Stouts Irish Pub; 4,500 SF are vacant.
EXCELLENT INVESTMENT OPPORTUNITY!. The work is done as this building is fully leased with longterm tenants. It has a proven track record. Unit # 1 is comprised of 5,503 sq. ft. which includes 10 offices, a conference area, 2 bathrooms, a break area, and a large storage area. Unit #2 has 1,584 sq. ft., 7 offices, bathroom, conference area, and a kitchenette. Unti #3 features 2 large office, a reception area, a conference space, bathroom, and kitchenette. All three units have access from the front and back and are in excellent condition. Several improvements and updates have been completed over the past few years. Lease information and proforma numbers will be made available upon delivery of signed confidentiality agreement.
FEATURES:
Age: 11-20 Years Old
Amenities: Basement
Architecture Style: Other
Cooling System: Central A/C
Exterior Type: Brick
Floor Covering: Carpet, Linoleum, Tile, Vinyl
Heating System: Forced Air
Lot Size: 0.99 Acres
Parking Type: Paved or Surfaced
Roof Type: Metal
Rooms: Basement
$725,000
1621 East Washington St Unit: 1, Washington, IA 52353
$725,000
1621 East Washington St Unit: 1, Washington, IA 52353
SIXTEEN - Two bedroom, 1 bath units(720 sq ft each unit) housed in two 8 Plex's known as Gas Lite Apartments. Excellent occupancy. Room to build additional unit. Expense and rental information available at Listing Office. Coin operated washer/dryer in each 8 Plex. Give Dave Parks a call to view 641-355-3578.
Eight plex in Solon. Two story building that was completely remodeled in 2007-2008, approximately $300,000 in capital improvements.Four units down have their own w/d. Four units up use coin op w/d.Four units at $525.00, 2 @ $575.00 and 2 @ 600.00. Very low maintenance building. No lawn care. These units have always been owner managed.Excellent rental history.*** Seller is working on doing a Coop for building which should cut the taxes in 1/2.*** Tenants rights, contact listing agent for showings.
12ea - 2 bedroom, 1000 sq.ft units.Several updated.Newer roof, siding and gutters.6ea front units go for $650 per month.6ea back units, with balcony, go for $700 per month. 6 Garage units currently renting for $50per month. Coin operated laundry and large included back lot with room to build additional garages or split AMA
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