Nevada Living Apartments
33-Unit Fully Stabilized Multifamily Opportunity in Nevada, IA
Marketing description
Nevada Living Apartments presents a strong, turnkey investment opportunity in the heart of Nevada, IA. This fully stabilized, recently renovated 33-unit complex features efficient studio apartments, each with its own, newly renovated, kitchen. An on-site laundry room with coin-operated machines provides additional revenue, while a spacious 2-bedroom manager’s apartment allows for convenient, built-in oversight or added rental income. A utility monitoring system has also been installed to maximize cost efficiency. With modern updates, reliable occupancy, and multiple income streams, this property offers long-term stability in a growing community.
Broker has a financial interest.
Investment highlights
There is potential for another development on this parcel, such as a small townhome development or self-storage.
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