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Clinton, IA 238-Unit Portfolio 3 Multifamily Properties Offered at $11,990,000 in Clinton, IA
Executive Summary
Proud to offer this stabilized 238-unit 3-complex portfolio in Clinton, IA! All 3 complexes have undergone extensive capital improvements over the last 5 years! New Parking Lots, New Windows, New Siding, New Patio Doors, New Entrance Doors, New Common areas and the list goes on! See property improvement list for more details. The portfolio has a great mix of 1, 2 and 3 bedroom units. There is a maintenance garage on each complex. Laundry is owner-owned cion operated. Schedule a showing today!
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Property Facts
| Price | $11,990,000 | Number of Properties | 3 |
| Price / SF | $55.53 / SF | Individually For Sale | 0 |
| Cap Rate | 8.48% | Total Building Size | 215,914 SF |
| Sale Type | Investment | Total Land Area | 30.44 AC |
| Status | Active |
| Price | $11,990,000 |
| Price / SF | $55.53 / SF |
| Cap Rate | 8.48% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 215,914 SF |
| Total Land Area | 30.44 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Pine View
847 Gateway Ave, Clinton, IA 52732 |
Multifamily | 111,060 SF | 1968 | - |
|
The Overlook
850 First Ave, Clinton, IA 52732 |
Multifamily | 65,254 SF | 1965 | - |
|
The Ridge
202 N Bluff Blvd, Clinton, IA 52732 |
Multifamily | 39,600 SF | 1968 | - |
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Clinton, IA 238-Unit Portfolio
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