Listed by CBRE - Des Moines
$670,000
Community Terrace Apartments
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,424
Units 12
Price per SqFt $80
Class B
Year Built 1977
Buildings 1
Stories 2
Investment Type Value Add
Multifamily | 12 Units | Newton, Iowa
Marketing description
Address: 115 S 5th Ave W, Newton, IA 50208
List Price: $670,000
Cap Rate: 8.34%
Year Built: 1977
Number of Units: 12
Unit Mix: 6-1BR/1BA; 6-2BR/1BA
Total Building SF: 8,424
Avg. In Place Rent: $632
Number of Buildings: 1
Number of Stories: 2
Parking: Adequate surface
Investment highlights
Click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=qJrvSBcGniuuRTSXBK67SIZoYo4U3oMFGGmACYkDNp3FcORZIMPGC0A78Cohy1Y4
Listing Contacts
Listed by CBRE - Des Moines
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