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2235 Lincoln St
Cedar Falls, IA 50613
Gaslight Villa MHP · Multifamily Property For Sale
·
112 Units
Investment Highlights
- Immediate Rental Upside
- Utility Optimization
- Operational Efficiencies
Property Facts
| No. Units | 112 | Lot Size | 15.40 AC |
| Property Type | Multifamily | Building Size | 88,000 SF |
| Property Subtype | Apartment | Average Occupancy | 96% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built | 1969 |
| Zoning | C | ||
| No. Units | 112 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 15.40 AC |
| Building Size | 88,000 SF |
| Average Occupancy | 96% |
| No. Stories | 1 |
| Year Built | 1969 |
| Zoning | C |
About 2235 LINCOLN ST , CEDAR FALLS, IA 50613
Capstone Manufactured Housing is pleased to present Gaslight Villa, a 112-site mobile home community located in the Waterloo-Cedar Falls MSA. The community features immediate rental upside due to a solid 96% occupancy and rents currently $100 below the market average. Additionally, Gaslight Villa benefits from the utilization of direct-billed public utilities, with immediate reduction in historical utility expenses. This offering presents the opportunity to acquire a turn-key community with minimal oversight and immediate rental upside from the start of acquisition.
Property Taxes
| Parcel Number | 8913-07-226-027 | Improvements Assessment | $288,600 |
| Land Assessment | $373,200 | Total Assessment | $661,800 |
Property Taxes
Parcel Number
8913-07-226-027
Land Assessment
$373,200
Improvements Assessment
$288,600
Total Assessment
$661,800
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