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230 W Hills Ln
Waterloo, IA 50701
West Hill Condos · Multifamily Property For Sale · 28 Units

Investment Highlights

  • Newer Construction - The subject property was built in 2013 & 2015, and will not require many capital improvements in the immediate future.
  • Excellent Unit Mix - The property boasts a very desirable unit mix of two bedroom & 3 bedroom units, perfect for growing families.
  • Waterloo, Iowa - Located in the Upper Midwest, Waterloo is the major metro of the Cedar Valley Region of Northeast Iowa.
  • Excellent Historical Occupancy - The high desirability of the subject property is evident through its lack of vacancy.
  • Safety & Security - Both tenants & the landlord get the peace of mind knowing that as recently as 2018, Waterloo was named one of Iowa's safest cities
  • ASSUMABLE FINANCING - Contact Broker for More Information.

Property Facts

No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 5.26 AC
Building Size 96,544 SF
No. Stories 3
Year Built 2014

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Tile Floors
  • Granite Countertops
  • Refrigerator
  • Stainless Steel Appliances
  • Patio

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 24 - 1,054
3+4 4 - 1,088

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 8813-06-426-025
  • 8813-06-426-026
  • 8813-06-426-017
  • 8813-06-426-020
  • 8813-06-426-019
  • 8813-06-426-021
  • 8813-06-426-024
  • 8813-06-426-018
  • 8813-06-426-022
  • 8813-06-426-023
Land Assessment
$91,330
Improvements Assessment
$1,277,030
Total Assessment
$1,368,360
  • Listing ID: 27214399

  • Date on Market: 11/30/2022

  • Last Updated:

  • Address: 230 W Hills Ln, Waterloo, IA 50701

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