2258 Bison St | Marion, IA 52302
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- LoopNet Team
2258 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 | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 2018 |
| Building Class | B |
| No. Units | 92 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 5.89 AC |
| Building Size | 114,540 SF |
| No. Stories | 3 |
| Year Built | 2018 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Granite Countertops
- Stainless Steel Appliances
- Walk-In Closets
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Recycling
- 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 Number | 10331-53009-00000 | Improvements Assessment | $1,539,100 |
| Land Assessment | $105,000 | Total Assessment | $1,644,100 |
PROPERTY TAXES
Parcel Number
10331-53009-00000
Land Assessment
$105,000
Improvements Assessment
$1,539,100
Total Assessment
$1,644,100
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