1016 ROCHESTER AVE Iowa City IA 52245-3124

This Student Housing Portfolio is a well established boutique group of charming older homes. They are all unique in nature and provide the charm and character missing in the traditional standard garden and high rise apartment complexes and yet feature the modern day conveniences.

Dragonfly Properties Portfolio is located in the thriving city of Iowa City. This City grew as the second fastest metro area within the state of Iowa, by 15%, to a population of 175,419. It is second only to Des Moines in population growth over the past 17 years. And the growth forecast looks to continue as the Iowa City area continues to find itselfon impressive lists of “Best Places”.

Iowa City is home to the well respected University of Iowa with a current undergraduate enrollment of 23,482 as well as graduate degree attendees. The properties primarily are located within the radius around the University and campus, as well as downtown Iowa City. Fourteen of the apartments are located in a concentrated 3 block area. The Iowa City Area has a stable economy and a track record for growth. The stability of the economy really stems from the diversity of the industries located there. A college town with an anchor in the University of Iowa, a strong and vibrant mix of manufacturing (P&G, Oral B, Collins Aerospace), cutting edge biotech (Integrated DNA Technologies, IDx), finance and insurance including GEICO which added 400 new jobs in 2018 and is a national hub for educational assessment and technology.​

• ​Number Rental Properties: 23
• Single Family Homes: 15
• Duplexes: 7
• 5-Plex: 1
• Total Number of Beds: 125
• Occupancy: 100%
• Close proximity to University of Iowa Campus
• Well Maintained
• August - July Leases