WSG CRE
WSG CRE
WSG CRE
WSG CRE
Listed by WSG CRE
$1,300,000
145 Sugar Creek Lane
Details
APN 0613211005
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,400
Units 12
Cap Rate 7.09%
Pro-Forma NOI $92,190
Year Built 1993
Buildings 2
Acreage 0.790
Multi-family | 12 Units
Marketing description
145 Sugar Creek Lane is a 12-unit multifamily investment opportunity located in North Liberty, Iowa. Situated on 0.79 acres, the property consists of two buildings constructed in 1993 and 1996 and features twelve units, including eight 2-bedroom, 1-bath units and four 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 $92,190 and a 7.09% 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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