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Country Side Apartments 117 E Walnut St 18 Unit Apartment Building $540,000 ($30,000/Unit) Burt, IA 50522
INVESTMENT HIGHLIGHTS
- Low Basis
- Two Buildings
- 18 Units
EXECUTIVE SUMMARY
Address: 117 E Walnut St, Burt, Iowa 50522
List Price: $540,000 ($30,000/unit)
Year Built: 1975 & 1982
Number of Units: 18
Number of Buildings: 2
Unit Mix: 1-Studio; 14-1BR/1BA; 2-2BR/1BA; 1-3BR/1BA
Total Building SF: 11,908
Avg. In Place Rents: $492
Parking: Surface
Laundry: Common area coin-operated
Heating: Electric baseboard
Cooling: Window A/C units
Water Heater: Common
Appliance Package: Fridge & range
UTILITIES
12-Plex
•Landlord pays common area electric and trash.
•Resident pays electric and water/sewer within their unit.
6-Plex
•Landlord pays common area electric, water/sewer, and trash.
•Resident pays electric within their unit and
PLEASE CLICK HERE FOR MORE INFORMATION: https://www.cbredealflow.com/buyer/agreement?pv=9YKSRczieAf2r5s4b78VXYswbqfPEv7d18TbpHIS1KvolrKfeUdijEwKb-c0FNBP
List Price: $540,000 ($30,000/unit)
Year Built: 1975 & 1982
Number of Units: 18
Number of Buildings: 2
Unit Mix: 1-Studio; 14-1BR/1BA; 2-2BR/1BA; 1-3BR/1BA
Total Building SF: 11,908
Avg. In Place Rents: $492
Parking: Surface
Laundry: Common area coin-operated
Heating: Electric baseboard
Cooling: Window A/C units
Water Heater: Common
Appliance Package: Fridge & range
UTILITIES
12-Plex
•Landlord pays common area electric and trash.
•Resident pays electric and water/sewer within their unit.
6-Plex
•Landlord pays common area electric, water/sewer, and trash.
•Resident pays electric within their unit and
PLEASE CLICK HERE FOR MORE INFORMATION: https://www.cbredealflow.com/buyer/agreement?pv=9YKSRczieAf2r5s4b78VXYswbqfPEv7d18TbpHIS1KvolrKfeUdijEwKb-c0FNBP
PROPERTY FACTS
| Price | $540,000 | Apartment Style | Low-Rise |
| Price Per Unit | $30,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 2.31 AC |
| No. Units | 18 | Building Size | 7,942 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1975 |
| Price | $540,000 |
| Price Per Unit | $30,000 |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.31 AC |
| Building Size | 7,942 SF |
| No. Stories | 1 |
| Year Built | 1975 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 15 | - | - |
| 2+1 | 2 | - | - |
| 3+1 | 1 | - | 650 |
1 1
PROPERTY TAXES
| Parcel Number | 14-24-451-013 | Improvements Assessment | $81,207 |
| Land Assessment | $28,100 | Total Assessment | $109,307 |
PROPERTY TAXES
Parcel Number
14-24-451-013
Land Assessment
$28,100
Improvements Assessment
$81,207
Total Assessment
$109,307
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Country Side Apartments | 117 E Walnut St
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