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701 15th St SE
Orange City, IA 51041
Hillcrest Apartments · Multifamily Property For Sale
·
104 Units
Investment Highlights
- Modern and well-maintained property w/competitive amenities
- Ideally positioned between Sioux Falls, SD and Sioux City, IA
- In place tax abatement
- Prime location within Orange City, IA
- Fantastic basis well below replacement costs
Property Facts
| No. Units | 104 | Lot Size | 3.74 AC |
| Property Type | Multifamily | Building Size | 119,086 SF |
| Property Subtype | Apartment | Average Occupancy | 97% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | B | Year Built | 2019 |
| Zoning | R - Residential | ||
| No. Units | 104 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.74 AC |
| Building Size | 119,086 SF |
| Average Occupancy | 97% |
| No. Stories | 3 |
| Year Built | 2019 |
| Zoning | R - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Pantry
Site Amenities
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 48 | - | 625 |
| 2+1 | 44 | - | 924 - 1,024 |
| 2+2 | 3 | - | 1,353 |
| 3+2 | 9 | - | 1,533 |
Property Taxes
| Parcel Number | 23-04-331-010 | Improvements Assessment | $6,461,450 |
| Land Assessment | $228,750 | Total Assessment | $6,690,200 |
Property Taxes
Parcel Number
23-04-331-010
Land Assessment
$228,750
Improvements Assessment
$6,461,450
Total Assessment
$6,690,200
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