WSG CRE
WSG CRE
WSG CRE
WSG CRE
Listed by WSG CRE
$350,000
17 S Johnson Street
Details
APN 1010438014
Property Type Multifamily
Sub Type Student Housing, Single Family Rental Portfolio
Square Footage 923
Units 1
Cap Rate 6.61%
Pro-Forma NOI $23,150
Year Built 1900
Buildings 1
Stories 2
Acreage 0.050
Residential | 4 bed 2 bath
Marketing description
17 S Johnson Street is an investment opportunity located in Iowa City, Iowa. Constructed in 1900, the property features a 4-bedroom, 2-bath residence totaling 923 square feet and is situated on a 0.045-acre lot. Located near downtown Iowa City and the University of Iowa campus, the property is well-positioned to benefit from 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 $23,150 and a 6.61% cap rate, the offering provides stable cash flow and long-term investment potential in a highly desirable Iowa City location.
Listing Contacts
WSG CRE
WSG CRE
WSG CRE
WSG CRE
Listed by WSG CRE
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