Calling all Investors - Rare opportunity to acquire an Apartment Portfolio in Grinnell, IA! The portfolio has 22 multifamily and 3 commercial units. Downtown Main Street is 1 mixed-use building with 8 residential units and 3 commercial units. There are (2) 1 bedroom, (5) 2 bedroom, and (1) 3 bedroom residential units. Additionally, there are 3 commercial suites on the main floor. Coin Laundry is owned and located in the common area. The building has 8 private parking spots for residential tenants. Sunset Apartments is 1 multi-family building with 14 residential units, and 8 garage units. The building is comprised of all 2 bedroom units. Coin Laundry is owned and located in the common area. There are approximately 24 private parking spots for tenants. Offering Memorandum available upon request. Letter of Intent must be submitted prior to any showing.
Mls | 6321801 |
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Listing Type | For Sale |
Status | Active |
Year | 1899 |
Days On Site | 61 |
Listing Provided By | RE/MAX Partners Realty, Grinnell | Matthew Karjalahti |
Garage | 8 |
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State | IA |
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County | Poweshiek |
City | Grinnell |
Zip Code | 50112 |
Area | Poweshiek |
Community Name | IA |
School District | 2709 - Grinnell-Newburg |
Listing VS Median (in IA) | |
Price: $1,650,000 low | high Med: $175,000 On Site: 61 low | high Med: 123.000000 |