Log In/Sign Up
Your email has been sent.
115 Sugar Creek Ln 14 Unit Apartment Building Offered at $1,400,000 at a 6.67% Cap Rate North Liberty, IA 52317
Executive Summary
115 Sugar Creek Lane is a 14-unit multifamily investment opportunity located in North Liberty, Iowa. Situated on 0.64 acres, the property consists of two buildings constructed in 1991 and 1995 and features fourteen units, including eight 2-bedroom, 1-bath units and six 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 $93,381 and a 6.67% cap rate, the offering provides stable cash flow with potential for future rent growth.
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 $93,381 and a 6.67% cap rate, the offering provides stable cash flow with potential for future rent growth.
Data Room Click Here to Access
- Offering Memorandum
- Financials
Property Facts
| Price | $1,400,000 | Property Type | |
| Price Per Unit | $100,000 | Building Size | 6,380 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 6.67% | Year Built | 1991 |
| No. Units | 14 |
| Price | $1,400,000 |
| Price Per Unit | $100,000 |
| Sale Type | Investment |
| Cap Rate | 6.67% |
| No. Units | 14 |
| Property Type | |
| Building Size | 6,380 SF |
| No. Stories | 2 |
| Year Built | 1991 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0613211004 | Improvements Assessment | $597,300 |
| Land Assessment | $167,400 | Total Assessment | $764,700 |
Property Taxes
Parcel Number
0613211004
Land Assessment
$167,400
Improvements Assessment
$597,300
Total Assessment
$764,700
Contacts
-
Tiffany Earl-Williams -
Josh Seamans -
Gabe Golberg -
Luke Rogers -
Phil Williams -
WSG CRE
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
115 Sugar Creek Ln
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.