2212 Okoboji Ave, Milford, IA 51351

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2212 Okoboji Ave,Milford, IA 51351
$950,000
  • - Beds
  • - Baths
  • 10,882 sq. ft.
  • Multi-family
  • Active
Listed by: nic madsen
Office: gateway real estate advisors
MLS#:834240
Source:IA_GSCBOR

Price summary

  • Price:$950,000
  • Price per sq. ft.:$87.3

About this home

Prairie Wind Apartments is a distinctive 17-unit community that blends 10 traditional apartment living with 7 furnished, dorm-style rooms, giving ownership the flexibility to run long-term leases alongside short-stay income. The furnished rooms are well suited to short-term rental platforms like Airbnb, tapping into the steady flow of visitors drawn to the Okoboji lake region each season. Built right along Hwy 71 in Milford, Iowa, the property has a proven rental history and sits within easy reach of the lake region's recreational draw. It's a straightforward, fully occupied asset with room to grow into its market rents. Offered at $950,000. Offering Memorandum available upon request.

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Home facts

  • Year built:1947
  • Listing ID #:834240
  • Added:25 day(s) ago
  • Updated:September 11, 2026 at 03:49 PM

Rooms and interior

  • Living area:10,882 sq. ft.

Structure and exterior

  • Year built:1947
  • Building area:10,882 sq. ft.
  • Lot area:0.35 Acres

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$87.3
  • Tax amount:$7,068