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For sale
  • $3,685,000

    1559-1672 Ponds Edge Ct, North Liberty, IA 52317

    --beds
    4baths
    --sqft
    : 
    Multi Family, Residential
    Built in 2003
    -- sqft lot
    $933,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Perfect investment for a builder or developer. The property for sale is 9 condominium rental homes and 27 undeveloped condo lots. Two condo buildings are built and there is a potential to build four more condo buildings. Existing condo units rent at approximately $2,000/month, request Proforma and Rent Roll from the Listing Agent. Approximately $2,430,000 for the 9 condo units ($270,000/unit) and $1,255,000 for the 27 condo lots ($46,481/lot). Can only be sold as a package.
    283 days
    on Zillow
    |
    55
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: October 30, 2024 at 03:00am

    Listed by:

    Mark Lynch 319-331-0409,

    Skogman Realty Co.

    Source: Iowa City Area AOR,MLS#: 202405989MLS Logo
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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 4
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range Or Oven, Refrigerator, Microwave
    • Laundry: Other
    Features
    • Other
    • Basement: See Remarks
    • Has fireplace: No
    Interior area
    • Finished area above ground: 0
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: None
    Lot
    • Size: 4 Acres
    • Dimensions: 4.0
    • Features: Two To Five Acres
    Details
    • Parcel number: Multiple
    • Zoning: RM-8
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Residential
    Materials
    • Other, Unknown
    Condition
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights
    • Security: Carbon Monoxide Detector(s)
    • Subdivision: NL PONDS EDGE
    HOA
    • Has HOA: Yes
    • Services included: Other, None
    Location
    • Region: North Liberty

    Financial & listing details

    • Annual tax amount: $30,870
    • Date on market: 10/23/2024
    • Listing terms: 1031 Exchange,Cash,Conventional
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