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.
For sale
$3,685,000
1559-1672 Ponds Edge Ct, North Liberty, IA 52317
--beds
4baths
--sqft
Est.:
Multi Family, Residential
Built in 2003
-- sqft lot
$933,600 Zestimate®
$--/sqft
$-- HOA
What's special
- 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#: 202405989

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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