$ 389,700.00

  • MLS #: 619850
  • Date added: 02/18/21
  • Post Updated: 2021-02-18 10:06:59
  • Status:
  • Bathrooms: 10
  • Baths Full: 10
  • Area: 6800 sq ft
  • Lot size: 27000 sq ft
  • Year built: 1974

Rooms & Units Description

  • Total 1 Bedroom Units: 6
  • Total 2 Bedroom Units: 4
  • Kitchens Total: 10
  • FB 1 St: 6
  • FB 2 Nd: 4

Description

10 Unit apartment complex with exceptional tenant base and occupancy and an impressive NOI.

Garwin is a small town surrounded by an abundance of employment. Demand for the units is high.

One building exterior has been completely updated and the second building is in the process and will be completed prior to closing (including new windows, siding, gutters, soffit & fascia) Roof has already been completed on both buildings.

View on map / Neighborhood

Location & Schools

  • County: Tama
  • School District: Greene County
  • MLS Area: Garwin
  • Directions: Start on Hwy 30E. Turn North onto Hwy T47. Continue for 7 miles and turn South onto Front Street. Turn North onto 4th St to #705.
  • Driveway: Asphalt
  • Zoning: MUL

Property Details

  • Lot Size: 120x225
  • Lot Shape: Irregular
  • Style: Ranch
  • Parcel Number: 0914208007
  • Living Area Sq Ft: 6800
  • LP Amt Sq Ft: 57.31
  • Acres: 0.6200
  • Separate Meters: Y
  • Transaction Type: Sale
  • Foundation: Concrete Block
  • Sale Commission: 3.0000
  • Terms Available: Cash,Conventional
  • Deposit YN: 1

Property Features

  • Exterior: Brick,See Remarks
  • Heat: Electric Baseboard,Radiant
  • Heat Source: Electric
  • Off Street Parking: Yes
  • Stoves Total: 10
  • Fridges Total: 10
  • Roof: Asphalt Shingle
  • Sewer: City
  • Water: City

Taxes & Fees

  • Tax Year: 2021
  • Net Taxes: 4438.00
  • Gross Taxes: 4438.00

Miscellaneous

  • Legal: PCL BEG 70' N SE COR NW NE N 230' W 100' N 70' W 20' S 70' W 40' S 230' E 160' TO POB

Courtesy of

  • Office Name: Century 21 Signature

This style property is located in Garwin is currently and has been listed on Sly Real Estate Group. This property is listed at $ 389,700.00. It has bedrooms, 10 baths bathrooms, and is 6800 sq ft. The property was built in 1974 year.