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Clinton IA Apartment Portfolio 3 Multifamily Properties Offered at $13,799,000 in Clinton, IA
EXECUTIVE SUMMARY
Proud to offer this stabilized TURN-KEY 3-property portfolio in Clinton, IA. All 3 properties are within 3 miles of each other and have extensive capital improvements! New Parking Lots, New Windows, New Siding, New Patio Doors, New Entrance Doors, New Common Areas and the list goes on! See property improvement schedule or more details. The property has a great mix of 1, 2 and 3 bedroom units. Each complex has its own maintenance building and Pineview apartments has detached garage spaces. Each property has owner owned coin-operated laundry facilities. Contact us for more information or schedule a showing today!
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PROPERTY FACTS
| Price | $13,799,000 | Number of Properties | 3 |
| Price / SF | $63.91 / SF | Individually For Sale | 0 |
| Cap Rate | 6.72% | Total Building Size | 215,914 SF |
| Sale Type | Investment | Total Land Area | 30.44 AC |
| Status | Active |
| Price | $13,799,000 |
| Price / SF | $63.91 / SF |
| Cap Rate | 6.72% |
| 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 Apartment Portfolio
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