Iowa Multi-Family For Sale

Located at the corner of Center St & W. 2nd St Six single family home rental portfolio offered at an 7.75% Cap Rate. The interior at 200 Center St has been renovated with new luxury vinyl plank, kitchen, light fixtures, and bathroom. All other units are occupied by long term tenants, who are currently on month-to-month leases. All of the houses feature vinyl siding and metal roofs. Addresses are 200 Center St; 202 Center St; 204 Center St; 713 W 2nd St; 715 W 2nd St; and 717 W 2nd St.

Located in downtown Sioux City near Historic Fourth Street, the center of Siouxland's entertainment district. The property neighbors Sioux City's Promenade Theatre and The Sioux City Convention Center. Easy access to l-29 and other main thorough fares. 10 United Center downtown lofts available for sale. This investment includes 10 units located on the 4th floor of the United Center in downtown Sioux City. Each unit is fully furnished and includes a 'turn key' apartment that includes all furniture, housewares, kitchen utensils, cable, internet, underground parking, access to a workout facility, and utilities. 10 underground parking spots are included in the sale. Finishes include exposed brick and re-finished wood along with granite counter tops and stainless steel appliances.

West on Telegraph Road Former residential care facility perfect for redevelopment into multi-family. 8.67 acre site with incredible views. 3 and 4 story structure built in 1913 with an addition constructed in 1970's. 36,997 SF building serviced by all public utilities. 2 elevators service all 4 floors. 6 gas fired boilers, 1,200 amp electrical service. Well maintained building perfect for redevelopment. 24 hour notice to show. Call LA for details.

Between W Columbia Ave and W Central Park Ave

West on Rockingham from Division 4-Plex Apartment building with 3 units currently leased to long-term tenants and the 4th unit ready to be renovated. Two of the units were completely renovated 5-years ago. Property is receiving $17,100 of income currently and potential for approximately $24,000 once the vacant unit is renovated/leased. Great value-add opportunity with solid tenants in-place.

Red Oak is a city in and the county seat of Montgomery County, Iowa, located along the East Nishnabotna River. Red Oak derives its name from Red Oak Creek which flows through the community and was noted for the red oaks on its banks. The population was 5,742 in the 2010 census. Montgomery County is located in the southwestern area of Iowa. As of the 2010 census, the population was 10,740. The county has been largely rural and devoted to agriculture. Red Oak is 60 miles east of Omaha. The closest metro airports are Omaha (1-hour) or Des Moines (2.5 hours). Villa Village is located adjacent to Montgomery County Hospital and near restaurants and shopping. It is zoned for 116 sites. There are 39 occupied, paying lots. In 2007, 95 lots were occupied and paying lot rent. The property has City water and City Sewer, with the water meters owned by the City, read by the City, and direct billed to the tenants by the City. Manager lives on-site, duties include collecting rent, leasing & home sales, evictions, and mowing. Manager's compensation is $750 per month plus free lot rent. The park-owned home on lot 19 is currently being used as an on-site office. This is a economically viable mobile home park. The location is off a four lane highway and there is quite a lot of industry, medical and government jobs. A new memory care facility has just been built across the street from Villa Village. The hospital is minutes away. Unemployment is below 5%. Surrounding uses included a church, farm ground, and medical. ln 2007, Villa Village sold to the current owner. Price: $1.3 million. The occupancy was 95 sites. During the seller's ownership the lack of capital to manage home sales and home rentals took a toll on Villa Village. The reason for the sale is for the owner to focus on his core business (insurance). To be successful the next owner of Villa Village will need to do the following: *Sell or rent the six vacant POHs that are ready for occupancy *Rehab or sell "as is" the eight vacant POHs in need of repair *Market to prospective residents

Keokuk is a city and a county seat of Lee County, Iowa, United States, along with Fort Madison. The population is over 11,000. The city is located in the extreme southeast corner of Iowa where the Des Moines River meets with the Mississippi. It is located at the junction of U.S. Routes 61, 136 and 218. Just across the rivers are the towns of Hamilton and Warsaw, Illinois, and Alexandria, Missouri. Keokuk, along with the city of Fort Madison, is a principal city of the Fort Madison-Keokuk micropolitan area, which includes all of Lee County, Iowa and Clark County, Missouri. The Fort Madison–Keokuk, IA-IL-MO Micropolitan Statistical Area, locally known as the "Tri-State" area, is an area consisting of three counties – one in southeast Iowa, one in northeast Missouri, and one in west central Illinois, anchored by the cities of Fort Madison, Iowa and Keokuk, Iowa. As of the 2010 census, the Micropolitan Statistical Area had a population of 62,105. Keokuk is 3 hours from St. Louis, Mo and Lambert International Airport and 3 hours from Des Moines, IA and Des Moines International Airport. Hocker Estates MHC is a gem in a city known for gems. Called the Geode Capital of the World, Keokuk is famous for hidden gems, and this park is one of them. On City Water and City Sewer, the water is already submetered. Rent is tiered based on tenancy, with newer tenants paying $275 and long term tenants paying $200. Six POHs (60, 78, 83, 92, 103, & 105), and all machinery and equipment are included in the sale.

Urbandale, IA. is part of the Des Moines–West Des Moines Metropolitan Statistical Area. Primarily a residential area supporting the explosive western Des Moines area job growth throughout Johnston, Waukee, Grimes, Adel West Des Moines and Clive, IA. The development is located at the intersection of two main traffic corridors. This Build For Rent (BFR) investment opportunity consists of minimum of 50 fee simple lots to be built as Single Family Residential Rental properties. The Rental subdivision can allow for many more homes if investors chooses, up to 300 total. The rental subdivision is located in Urbandale, Iowa, which is an expanding submarket in the West Des Moines region. These quality new build homes for rental investment features an opportunity for Buyer to work with Builder to determine the final floor plan mix & finish level to maximize your return on the investment portfolio. The insurance, financial industry and technology has fueled constant growth in the region for several decades creating increased household formation. Year over Year Median List Sale Price Increase +15.8%. Build For Rent (BFR) properties offer almost no capital expenditures for several years after occupancy. The Developer/Builder here has over 30 years of National Home Building experience and is well known for quality & efficiency. Currently there are several different floor plans being ordered ranging in size from 1,580/sf - 2,136/sf (Design, size and number of homes is subject to change); rental rates range from $1,825 to $2,350 per month for these beautiful homes. Pre-lease the homes for closing at Certificate of Occupancy creating an immediate cash flow and return on your investment from day one!

As Iowa's capital city, Des Moines is a hub of government action, business activity and cultural affairs. Des Moines is a bustling metropolis, with a metro population of 569,633. But though it has big city bustle, the city is extremely proud of their small-town atmosphere. The community offers quality schools, superb public services, and friendly neighborhoods. Truly the best of both worlds! Unemployment is 3.9%. The major industries in Des Moines are financial services, government, manufacturing, trade, and health care. Des Moines area businesses draw employees from a five-county metro area of almost 600,000 residents. Iowa's work force, with an 80 percent high school graduation rate, ranks among the top five states in the U.S. Apple recently opened a facility in Waukee. Ankeny, IA, a suburb, is the 4th fastest growing city in the U.S.

With the benefits of being in Des Moines proper, this property is wedged right in between the desirable communities of Urbandale, Clive and Windsor Heights, this location is perfect for so many reasons. Right in the center of the metro, Less than 10 min to Downtown, 3 minutes to Interstate 235, making commuting anywhere short and easy. Des Moines is a very stable real estate market compared to many other areas. With extremely low unemployment, growing jobs and population Des Moines offers a lot of long-term potential for investors. Iowa is one of the best states for landlord protections and is a friendly state to do business. Des Moines has been increasing in population and jobs as well because of the low cost of living, but the high standard of living. A vibrant gem in the heart of the prairie, Des Moines is named for the river that snakes through the city. This is Iowa's capital (and the county seat of Polk County), and it is filled with things to do. From concerts at the historic Salisbury House to the collections at Des Moines Art Center, and from the 81 miles of hiking and biking trails to the Greater Des Moines Botanical Gardens, Des Moines offers so much that it was named one of the top 10 cities in which to live by US News. Home to such companies as John Deere, Pioneer, Corteva, Meredith Corporation, Wells Fargo, Voya Financial, and Principal Financial Group, Des Moines is considered one of the nation's wealthiest cities. Greater Des Moines is vibrant, growing and experiencing tremendous momentum. Metrics such as gross domestic product growth, population growth and employment growth show DSM as one of the strongest metros in the Midwest. Greater Des Moines is home to many business successes and has received numerous accolades over the past several years. These recognitions include being named one of the top 10 best cities to live and work, one of the best cities for jobs, one of the top 10 places with the most job opportunities per capita and a top metro for economic development projects. Such accomplishments can be attributed to DSM’s talented workforce, impressive education ranking and strong business economy.  New Construction 32 Unit Townhouse Development. NINE YEAR TAX ABATEMENT. Phase 1: 8 Units are being completed by end of February, Phase 2: Two more buildings with 14 units ready by April and June. Phase 3: Another two 5-Unit buildings that the site has been clear and ready to break ground. All plans have full city and tax abatement approval. 22 Units delivered at purchase with option to build final 10 units. You won't find these finishes at this price point anywhere else. Wedged right in between Urbandale, Clive and Windsor Heights. These units are affordable, central, and luxurious, a rare combination. Second floor has spacious laundry area, large master suite with additional closet space aside from walk in, dual sinks, and fully tiled shower. First floor has half bath with free floating sink, walnut accent pieces, LVP flooring, large eight foot island featuring quartz tops, tiled backsplash and soft close cabinets.Green space to walk and additional parking for guest! Rent Comps are in the $2,100-2,250 range.

Location is huge on this Duplex Opportunity. Only 2 blocks from the center of campus of Drake University. Walkability in this area is fantastic. You’re also directly in the center of the whole metro, so getting anywhere is going to be a breeze. 6 blocks to the Interstate, Less than 2 miles from Downtown. Plenty of off-street parking for tenants. Des Moines is a very stable real estate market compared to many other areas. With extremely low unemployment, growing jobs and population Des Moines offers a lot of long-term potential for investors. Iowa is one of the best states for landlord protections and is a friendly state to do business. Des Moines has been increasing in population and jobs as well because of the low cost of living, but the high standard of living. A vibrant gem in the heart of the prairie, Des Moines is named for the river that snakes through the city. This is Iowa's capital (and the county seat of Polk County), and it is filled with things to do. From concerts at the historic Salisbury House to the collections at Des Moines Art Center, and from the 81 miles of hiking and biking trails to the Greater Des Moines Botanical Gardens, Des Moines offers so much that it was named one of the top 10 cities in which to live by US News. Home to such companies as John Deere, Pioneer, Corteva, Meredith Corporation, Wells Fargo, Voya Financial, and Principal Financial Group, Des Moines is considered one of the nation's wealthiest cities. Greater Des Moines is vibrant, growing and experiencing tremendous momentum. Metrics such as gross domestic product growth, population growth and employment growth show DSM as one of the strongest metros in the Midwest. Greater Des Moines is home to many business successes and has received numerous accolades over the past several years. These recognitions include being named one of the top 10 best cities to live and work, one of the best cities for jobs, one of the top 10 places with the most job opportunities per capita and a top metro for economic development projects. Such accomplishments can be attributed to DSM’s talented workforce, impressive education ranking and strong business economy. Better Commercial with Remax Concepts is excited to bring you this Duplex with some good upside. 2822 Cottage Grove Ave in Des Moines. Location is huge on this Duplex Opportunity. Only 2 blocks from the center of campus of Drake University. Walkability in this area is fantastic. You’re also directly in the center of the whole metro, so getting anywhere is going to be a breeze. 6 blocks to the Interstate, Less than 2 miles from Downtown. Plenty of off-street parking for tenants. This property has been recently renovated including windows, roof, gutters, some siding work and painting, flooring. HVAC has been updated and separated with central air. Both units are occupied at $1000 a month with 12 month leases. While this property is cash flowing, there’s a lot of meat on the bone with getting rents pushed up to market level. Both units are 3 Bed, 1 Bath with around 1300sf, Market rent is $1200-1300. Tenants pay electric and gas, owner only has water/garbage. Coin Op Laundry available to tenants in the basement for additional income. Asking price on this is $235,000, With getting rents pushed up, that’s a 8.1% Caprate and a 10.2% Cash on cash, that’s including property management, maintenance, and budgeting for CapEx. Property Management is in place for an easy turnkey transition, or you can self-manage or bring on your own management. This is a solid investment. Good price with good upside.

This duplex sits in a quiet neighborhood in the NW corner of Des Moines proper. Just blocks from the Johnston and Urbandale border. Just off of Merle Hay Rd, with lots of shopping, entertainment, restaurants. Blocks from Starbucks, Target, ChickFilA, the new Merle Hay Mall development. And a mile from Interstates 80 & 35, so easy commuting anywhere in the metro, less than 15 min to the center of Downtown. And just blocks from the Elementary, Middle and High Schools! Des Moines is a very stable real estate market compared to many other areas. With extremely low unemployment, growing jobs and population Des Moines offers a lot of long-term potential for investors. Iowa is one of the best states for landlord protections and is a friendly state to do business. Des Moines has been increasing in population and jobs as well because of the low cost of living, but the high standard of living. A vibrant gem in the heart of the prairie, Des Moines is named for the river that snakes through the city. This is Iowa's capital (and the county seat of Polk County), and it is filled with things to do. From concerts at the historic Salisbury House to the collections at Des Moines Art Center, and from the 81 miles of hiking and biking trails to the Greater Des Moines Botanical Gardens, Des Moines offers so much that it was named one of the top 10 cities in which to live by US News. Home to such companies as John Deere, Pioneer, Corteva, Meredith Corporation, Wells Fargo, Voya Financial, and Principal Financial Group, Des Moines is considered one of the nation's wealthiest cities. Greater Des Moines is vibrant, growing and experiencing tremendous momentum. Metrics such as gross domestic product growth, population growth and employment growth show DSM as one of the strongest metros in the Midwest. Greater Des Moines is home to many business successes and has received numerous accolades over the past several years. These recognitions include being named one of the top 10 best cities to live and work, one of the best cities for jobs, one of the top 10 places with the most job opportunities per capita and a top metro for economic development projects. Such accomplishments can be attributed to DSM’s talented workforce, impressive education ranking and strong business economy. Solid Duplex Opportunity in a Great Location This property is in great shape and ready for new ownership. One unit vacant and rent-ready. One unit occupied at $780, super low rent, but tenants is month to month, so a quick transition getting that rent pushed up. Both units are 2/1, they have their own driveway and private entrances. They both have full, unfinished basements. Eat-in Kitchens with dishwashers. Mechanicals are in great shape. New carpet & paint in vacant unit.

Located in Des Moiens For Sale 2 buildings containing 11 units. 8 One bedroom and 3 two bedroom

This duplex is sitting in the far west end of Des Moines proper, right on the border of Des Moines and Urbandale, Sitting at the end of a cul-de-sac in a quiet residential neighborhood. Less than a mile from Merle Hay Mall, a entertainment district being revitalized and including our regional Hockey Team, Flix Brewhouse, retail, and restaurants, including Starbucks, Target and ChickFilA. Being right in the middle of the metro, it's a quick commute to work anywhere. Des Moines is a very stable real estate market compared to many other areas. With extremely low unemployment, growing jobs and population Des Moines offers a lot of long-term potential for investors. Iowa is one of the best states for landlord protections and is a friendly state to do business. Des Moines has been increasing in population and jobs as well because of the low cost of living, but the high standard of living. A vibrant gem in the heart of the prairie, Des Moines is named for the river that snakes through the city. This is Iowa's capital (and the county seat of Polk County), and it is filled with things to do. From concerts at the historic Salisbury House to the collections at Des Moines Art Center, and from the 81 miles of hiking and biking trails to the Greater Des Moines Botanical Gardens, Des Moines offers so much that it was named one of the top 10 cities in which to live by US News. Home to such companies as John Deere, Pioneer, Corteva, Meredith Corporation, Wells Fargo, Voya Financial, and Principal Financial Group, Des Moines is considered one of the nation's wealthiest cities. But you'll also have fun after moving to your Des Moines apartment -- the city offers amazing shops and restaurants in East Village, the nearby Prairie Meadows Racetrack and Casino, the family-friendly Adventureland Park, and the fascinating Living History Farms. Festivals in Des Moines include the wildly popular Iowa State Fair, the Des Moines Art Festival, and the World Food & Music Festival. Duplex available in the heart of Des Moines. Nestled in a quiet residential area, but close to shopping, restaurants and entertainment. Rents are under market at $800 with longterm tenants. Rent comps are closer to $1,000-1,100. Both units are 2 bed, 1 bath with full basements. Another great play for this property would be to finish off part of the basement and add a 3rd bedroom. That pushes rent up closer to $1,300. 3 Bedroom duplexes are very rare in the pushing up their demand. Tenants pay gas and electric, owner only pays for Water. Tenants also take care of the lawn and snow removal.

Quiet dead end street, close to elementary, highschool, downtown, and bus line. Des Moines is a very stable real estate market compared to many other areas. With extremely low unemployment, growing jobs and population Des Moines offers a lot of long-term potential for investors. Iowa is one of the best states for landlord protections and is a friendly state to do business. Des Moines has been increasing in population and jobs as well because of the low cost of living, but the high standard of living. Nice two unit multi-family opportunity. Completely remodeled main floor with new flooring, paint, cabinets, appliances, tiled bathroom, trim, windows, shingles, exterior paint, doors, interior doors etc. Quiet dead end street, close to elementary, highschool, downtown, and bus line. Electric separated, owner paying heat and water.

Class B property in great location in Ankeny! Just 2 blocks from Elementary school in one of the best school districts in Iowa. Less than a mile away from middle school and newly built high school, and DMACC campus. Less than a mile from lots of shopping, restaurants and entertainment including both Delaware Ave and the Prairie Trail District! Also about a mile to Interstate 35, so a quick commute to anywhere in the metro. Talk about the perfect location! Great duplex in a fantastic area of Ankeny, one of my favorite locations in the whole metro. The rent is low, even without the 3rd bedroom. I comped the rents at $1250-1300 existing and $1500-1600 with the 3rd bedroom. Both units are 2/1.5 right now. The basements are partially finished now, but there’s room to add a 3rd bedroom and increase the rent levels. Leases are up in Feb and Mar, so not much cashflow for a few months, but longterm numbers are fantastic, especially for Ankeny. Units were updated in the last few years, including new flooring, kitchens, bathrooms, etc. Also replaced one unit's HVAC system, and new roof this year.

W 5th St Great cash flow, long term tenants. This triplex just west of downtown Storm Lake (and a few blocks from Buena Vista University) would make a nice addition to your portfolio. All units have their own electric meter, owner pays for water and sewer. Some work has been completed in the basement for a possible additional efficiency unit. There is a one car garage and plenty of off street parking. Very Clean.

Located at the the corner of Iowa and 10th streets in Onawa, Ia. Iowa street is known as one of the widest streets in America so there is plenty of street parking for any buyers needs. This property is located an easy 1.7 miles from I-29. EXTENDED STAY COUNTRYSIDE,LLC Property Address: 933 10TH ST ONAWA, IA 5104

Located in the central Northside area of Sioux City This up-down duplex is made up of two 3-bedroom, 1-bath units renting for $895 and $960. This property offers solid cash flow for first time investors or a great addition to your portfolio. Currently the owner pays all utilities for the tenants.

Located on north side of Sioux City, near Sioux City Country Club Golf Course North side duplex for sale makes for a great owner/occupant opportunity! 3823 Jones is a (2) bedroom (1.5) bathroom unit, comes with a washer/dryer, tuck under garage, and has a renter in place (month-to-month lease). 3821 Jones is a (2) bedroom (1) bathroom unit that just had new carpet installed on the main floor, will have a new dishwasher installed, and has a tuck under garage. New kitchen floor and basement carpet replaced in BOTH units in 2018. *Only showing 3823 Jones at this time until a fully executed offer is in place*

Cedar Rapids is the second-largest city in Iowa and is the county seat of Linn County. The city lies on both banks of the Cedar River, 20 miles north of Iowa City and 100 miles northeast of Des Moines, the state's capital and largest city. It is a part of the Cedar Rapids/Iowa City Corridor of Linn, Benton, Cedar, Jones, Johnson, and Washington counties. The city population is estimated at 126,300. The estimated population of the three-county Metropolitan Statistical Area, which includes the nearby cities of Marion and Hiawatha, was 256,452 in 2008. Cedar Rapids is an economic hub of the state, located in the core of the Interstate 380. The Cedar Rapids Metropolitan Statistical Area (MSA) is also a part of a Combined Statistical Area (CSA) with the Iowa City MSA. This CSA plus two additional counties are known as the Iowa City-Cedar Rapids (ICR) Corridor and collectively have a population of over 450,000. A flourishing center for arts and culture in Eastern Iowa, the city is home to the Cedar Rapids Museum of Art, the National Czech & Slovak Museum & Library, the Paramount Theatre, Orchestra Iowa, Theatre Cedar Rapids, the African-American Historical Museum and Cultural Center of Iowa, the Iowa Cultural Corridor Alliance. Cedar Rapids is nicknamed the "City of Five Seasons", for the "fifth season", which is time to enjoy the other four. Cedar Rapids is home to almost 300 different manufacturing plants and two dozen Fortune 500 companies, including RRockwell Automation/Honeywell AEGON, General Mills, Cargill, Penford, Quaker Oats, Archer Daniels Midland and Nordstrom. . Cedar Rapids ranked 13th best run city in America 2018 by WalletHub. In 2017, Cedar Rapids ranked 19th overall Best Run City in America, and 11th Best City Services. This park's location allows for easy commuting, just minutes from Highway 30 and Interstate 380, offering easy access to Marion, Cedar Rapids,and Iowa City. The Cedar Rapids Metro (Cedar Rapids-Hiawatha-Marion) Area/ MSA has a 250,000+ population and is home to Fortune 500 companies such as Rockwell Automation/Honeywell, Aegon, and Quaker Oats (Pepsico.). The economy is known for its low unemployment and stability. The City is diverse and is known for the quality of life, medical facilities, and quality of the schools. Cedar Rapids was the home of the world famous painter, Grant Wood. The average home price is $160,000. Sunrise is a 46 unit Mobile Home Park in Cedar Rapids Metro market. Built in 1960, the current owner is the second owner to have owned this park. Ciy Water and City Sewer. Surrounding uses are light industrial. Located in excellent Prairie School system. The park is five minutes to the local community college.

21st st just south of University KW Commercial is proud to exclusively market for sale 1050 21st St. 4 plex part of a portfolio but offered individually as well. Located just minutes from Drake and I-235.

22nd St just north of University KW Commercial is proud to exclusively market for sale 1333 22nd St (part of a portfolio, and available individually as well). Building has 5 units