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4831 Tama St - 4831 Tama St 4 Unit Apartment Building Offered at $260,000 at a 6.25% Cap Rate Marion, IA 52302
INVESTMENT HIGHLIGHTS
- Location Right Off 1st Ave
EXECUTIVE SUMMARY
Low Rents - Realistic Room for Rent Raises
2024 Financials attached
Realistic ProForma
Laundry Owned
Shared Cul De Sac Garbage
Owner Pays:
Electric in common
Sewer, Water, & Trash
Gas to heat the water
2024 Financials attached
Realistic ProForma
Laundry Owned
Shared Cul De Sac Garbage
Owner Pays:
Electric in common
Sewer, Water, & Trash
Gas to heat the water
PROPERTY FACTS Under Contract
| Price | $260,000 | Property Type | Multifamily |
| Price Per Unit | $65,000 | Building Size | 12,799 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 6.25% | Year Built | 1978 |
| No. Units | 4 | Parking Ratio | 0.08/1,000 SF |
| Price | $260,000 |
| Price Per Unit | $65,000 |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 12,799 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 0.08/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 14024-03006-00000 | Improvements Assessment | $230,200 |
| Land Assessment | $33,300 | Total Assessment | $263,500 |
PROPERTY TAXES
Parcel Number
14024-03006-00000
Land Assessment
$33,300
Improvements Assessment
$230,200
Total Assessment
$263,500
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Heartland Investment Partners
4831 Tama St - 4831 Tama St
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