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41-49 Kimberly Drive, Council Bluffs, IA 41 Kimberly Dr 5 Unit Apartment Building $525,000 ($105,000/Unit) Council Bluffs, IA 51503
INVESTMENT HIGHLIGHTS
- 1 Two-Story Multi-Family Apartment Building
- Furnished kitchen
- Easy access to Old Lincoln Highway
- 5 individual units
- Off street parking and attached garage
- Conveniently located near prominent schools
EXECUTIVE SUMMARY
Nestled in a quiet Council Bluffs neighborhood, this charming 5-unit apartment community offers exceptional convenience with quick access to Old Lincoln Highway. With full occupancy and consistently strong rental demand, it stands as a rare opportunity to secure a high-performing investment with dependable returns. Don’t miss your chance to add a reliable, well-positioned asset to your portfolio in a thriving area.
PROPERTY FACTS
| Price | $525,000 | Building Class | C |
| Price Per Unit | $105,000 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 4,160 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1982 |
| Apartment Style | Townhome | ||
| Zoning | Residential - Residential | ||
| Price | $525,000 |
| Price Per Unit | $105,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 4,160 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1982 |
| Zoning | Residential - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Microwave
- Heating
- Kitchen
- Refrigerator
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 2+1.5 | 2 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 7543-19-203-013 | Improvements Assessment | $364,300 |
| Land Assessment | $48,600 | Total Assessment | $412,900 |
PROPERTY TAXES
Parcel Number
7543-19-203-013
Land Assessment
$48,600
Improvements Assessment
$364,300
Total Assessment
$412,900
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41-49 Kimberly Drive, Council Bluffs, IA | 41 Kimberly Dr
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