WSG CRE
WSG CRE
WSG CRE
WSG CRE
Listed by WSG CRE
$1,400,000
115 Sugar Creek Lane
Details
APN 0613211004
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,380
Units 14
Cap Rate 6.67%
Pro-Forma NOI $93,381
Year Built 1991
Buildings 2
Acreage 0.640
Multi-family | 14 Units
Marketing description
115 Sugar Creek Lane is a 14-unit multifamily investment opportunity located in North Liberty, Iowa. Situated on 0.64 acres, the property consists of two buildings constructed in 1991 and 1995 and features fourteen units, including eight 2-bedroom, 1-bath units and six 2-bedroom, 1-bath units with in-unit washer and dryer.
Located in one of Eastern Iowa’s fastest-growing communities, the property benefits from strong rental demand and convenient access to the Iowa City–Cedar Rapids corridor. With a proforma NOI of $93,381 and a 6.67% cap rate, the offering provides stable cash flow with potential for future rent growth.
Listing Contacts
WSG CRE
WSG CRE
WSG CRE
WSG CRE
Listed by WSG CRE
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