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2255-2277 Bison St
Marion, IA 52302
Sunny Ridge Townhomes · Multifamily Property For Sale
·
92 Units
Investment Highlights
- Best-In-Class Asset – BTR Construction
- Longterm Pre-Set Tax Abatement Benefits
- Offered Free & Clear of Any Existing Debt
- Rents $150 - $250 Below Market | Upside of 9% at Stabilized Rents
- Adjacent to Marion’s Retail & Education Centers
Property Facts
| No. Units | 92 | Lot Size | 5.89 AC |
| Property Type | Multifamily | Building Size | 114,540 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | B | Year Built | 2017 |
| Zoning | R - 702 - Apartment | ||
| No. Units | 92 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 5.89 AC |
| Building Size | 114,540 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2017 |
| Zoning | R - 702 - Apartment |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Vinyl Flooring
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Individual Leases Available
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 8 | $1,395 | 1,115 |
| 2+1.5 | 16 | $1,379 | 1,150 |
| 2+2.5 | 60 | $1,477 | 1,270 - 1,288 |
| 3+2.5 | 8 | $1,583 | 1,300 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $10,665,900 | |
| Land Assessment | $678,700 | Total Assessment | $11,344,600 |
Property Taxes
Parcel Numbers
Land Assessment
$678,700
Improvements Assessment
$10,665,900
Total Assessment
$11,344,600
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