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908 N US Highway 69 908 N US Highway 69 40 Unit Apartment Building For Sale Huxley, IA 50124
INVESTMENT HIGHLIGHTS
- 4.59 Acres
- New Roof & Siding in 2020
- 15,300 SF Net Rentable Area Phase I
- 40 Existing Units
- 2 Stories
- 5,702 SF Net Rentable Area Phase II
EXECUTIVE SUMMARY
This is a great opportunity for an investor or developer to operate this property as a market rate or independent living multi-family property. There is also an opportunity for a larger addition or expansion on the southside within the current greenspace. Otherwise, the land can be parceled off and sold for a retail/commercial use to compliment the residential property.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 4.59 AC |
| No. Units | 40 | Building Size | 52,850 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1997 |
| Building Class | B |
| Sale Type | Investment |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 4.59 AC |
| Building Size | 52,850 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1997 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 38 | - | - |
| 2+1 | 2 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 13-23-260-110 | Improvements Assessment | $3,533,700 |
| Land Assessment | $699,800 | Total Assessment | $4,233,500 |
PROPERTY TAXES
Parcel Number
13-23-260-110
Land Assessment
$699,800
Improvements Assessment
$3,533,700
Total Assessment
$4,233,500
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908 N US Highway 69 | 908 N US Highway 69
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