525 E Iowa Avenue
Residential | 7 bed 3 bath
Marketing description
525 E Iowa Avenue is an investment opportunity located in Iowa City, Iowa. Constructed in 1900, the property features a 7-bedroom, 3-bath residence totaling 2,149 square feet and is situated on a 0.102-acre lot. Located near the University of Iowa campus and downtown Iowa City, the property is well-positioned to capitalize on the area's strong and consistent housing demand.
Situated in one of Iowa’s most established rental markets, the property offers convenient access to the University of Iowa, University of Iowa Health Care, downtown amenities, and major employment centers. With a proforma NOI of $37,844 and a 6.36% cap rate, the offering provides stable cash flow and long-term investment potential in a highly desirable Iowa City location.
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