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603-611 E 3rd St S
Newton, IA 50208
Regency Apartments · Multifamily Property For Sale
·
24 Units
PROPERTY FACTS
| No. Units | 24 | Building Size | 25,000 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1966 |
| Building Class | B | Parking Ratio | 0.32/1,000 SF |
| Lot Size | 2.21 AC | ||
| Zoning | MR | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.21 AC |
| Building Size | 25,000 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 0.32/1,000 SF |
| Zoning | MR |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
ABOUT 603-611 E 3RD ST S , NEWTON, IA 50208
CBRE|Hubbell Commercial is pleased to exclusively market for sale Regency Apartments in Newton, Iowa. Newton is just 30 minutes east of Downtown Des Moines and is within 30 minutes of several other key Iowa communities such as Grinnell, Pella, Marshalltown and Altoona. Regency Apartments is comprised of six buildings totaling 24 two bedroom/1 bathroom units. Two of the buildings each have 4 tuck-under garages. There are also two car ports that each have space for 8 vehicles to park. Landlord pays gas (heat), water, sewer and trash. Tenant pays electric within their unit. Regency is well located within Newton, just north of the Newton High School and just south of the 1st Avenue (HWY 6) retail corridor.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 24 | - | 1,000 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $923,230 | |
| Land Assessment | $145,320 | Total Assessment | $1,068,550 |
PROPERTY TAXES
