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444 Angella St 444-488 Angella St 45 Unit Apartment Building $2,100,000 ($46,667/Unit) Dubuque, IA 52001
EXECUTIVE SUMMARY
45 unit apartment building, with 20 efficiencies and 25 one bedroom units. The building has had significant remodeling done within the units, with new flooring, paint, and fixtures. New kitchens in some. Old fuse boxes replaced for entire building with breakers. No laundry currently on-site, but option to add with a room that has already been plumbed out with water and electric. Seller is offering a three month rent guarantee for any vacant units at time of closing at current rent prices to help finish lease up due to renovations. PTAC heating and cooling units are in each apartment unit and provide both electric heat and electric air. Four parcels included in sale, see attachment for detailed property info. Info per assessor's site, Buyer should complete their own due diligence. Agent related to Seller. Agent licensed in the State of Iowa. Seller may opt to participate in 1031 exchange. Four parcels included in sale.
PROPERTY FACTS
| Price | $2,100,000 | Building Class | C |
| Price Per Unit | $46,667 | Lot Size | 0.73 AC |
| Sale Type | Investment | Building Size | 36,540 SF |
| No. Units | 45 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 0.68/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | CI - Commercial | ||
| Price | $2,100,000 |
| Price Per Unit | $46,667 |
| Sale Type | Investment |
| No. Units | 45 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.73 AC |
| Building Size | 36,540 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 0.68/1,000 SF |
| Zoning | CI - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 22 | - | 600 |
| 1+1 | 23 | - | 750 |
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,660,400 | |
| Land Assessment | $1,530,700 | Total Assessment | $7,191,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,530,700
Improvements Assessment
$5,660,400
Total Assessment
$7,191,100
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444 Angella St | 444-488 Angella St
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