Listed by WSG CRE
$2,000,000
450 N Dubuque Street
Details
APN 0612410002
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,280
Units 20
Cap Rate 6.95%
Pro-Forma NOI $139,057
Year Built 1978
Buildings 5
Stories 2
Acreage 1.480
Multi-family | 20 Units
Marketing description
450 N Dubuque Street is a 20-unit multifamily investment opportunity located in North Liberty, Iowa. Situated on 1.48 acres, the property consists of five buildings constructed in 1978 and features a balanced unit mix of ten 2-bedroom, 1-bath units and ten 1-bedroom, 1-bath units.
Positioned 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 $139,057 and a 6.95% cap rate, the offering provides stable cash flow and long-term investment potential in a high-growth market.
Listing Contacts
Listed by WSG CRE
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