
1600 26th St ET AL
Multifamily | 44 Units | $112,500/unit
Marketing description
Portfolio of 44 townhomes offered together in Sioux City, Iowa. The properties are located at two sites: • 1200–1230 26th Street – Sixteen
(16) two-bedroom townhomes. A vacant lot adjacent to this site will be included in the sale. • 1510–1623 26th Street – Twenty-eight (28)
townhomes consisting of twenty (20) three-bedroom units and eight (8) two-bedroom units. Basements are currently unfinished and
present a potential value-add opportunity through completion. All properties are being sold together as one package. Contact us for
more details. The listing agent is an owner of these properties.
Investment highlights
44-Unit Townhome Portfolio – Sioux City, IA
Exceptional opportunity to acquire a collection of 44 townhomes located across two established sites in Sioux City, Iowa. All properties are being offered together as a single investment package.Two Prime Locations
• 1200–1230 26th Street – Sixteen (16) two-bedroom townhomes, plus an adjacent vacant lot included in the sale.
• 1510–1623 26th Street – Twenty-eight (28) townhomes consisting of twenty (20) three-bedroom units and eight (8) two-bedroom units.Strong Occupancy & Immediate Income
Majority of units are tenant-occupied, generating consistent in-place cash flow with room for future rent growth.Value-Add Potential
Unfinished basements throughout the portfolio offer a clear opportunity to increase living space and enhance returns through completion.Desirable Townhome Layouts
Spacious two- and three-bedroom floor plans attract long-term tenants and support stable occupancy within established residential neighborhoods.Professional Management in Place
The current management company actively overseeing the portfolio is willing to continue management after the sale, ensuring a smooth transition and operational continuity for new ownership.Efficient Portfolio Management
Concentrated locations allow for streamlined maintenance, oversight, and operational efficiency.Attractive Basis & Long-Term Upside
Offered “as is” at a compelling price relative to replacement cost and comparable townhome assets in the region.
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