Incredible investment/development opportunity in East Iowa City! Ready to finish 10-plex in Community View Part One. 6099 Sq ft. 4(1) bedroom, 2(2) bedroom & 4(3) bedroom apartments. This building is at the sheetrock stage of construction. There is a completed 8-plex 4785 sq ft. 2(1) bedroom, 2(2) bedroom, & 4(3) bedroom apartments. There is 1 more 8 plex pad & 3 more 10-plex building pads also for sale in Lot 2 Community View Part One ready to build on. There is a low income component to this development.
Sold for $2,400,000 on 10/09/24
$2,400,000
LOT 2 Community Vw, Iowa City, IA 52245
--beds
2baths
6,099sqft
Multi Family, Residential
Built in 2021
-- sqft lot
$2,486,900 Zestimate®
$394/sqft
$1,844 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 09, 2024 at 02:30pm
Listed by:
Thomas Kaut 319-631-5288,
Urban Acres Real Estate
Bought with:
Thomas Kaut
Urban Acres Real Estate
Source: Iowa City Area AOR,MLS#: 202402432
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
Heating
- Natural Gas, Forced Air
Appliances
- Included: Dishwasher, Range Or Oven, Refrigerator, Dryer, Microwave, Washer
- Laundry: Main Level
Features
- Other
- Flooring: Carpet, Vinyl
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 6,099
- Total interior livable area: 6,099 sqft
- Finished area above ground: 6,099
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
Details
- Parcel number: 0918257002
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Vinyl, Frame
- Foundation: Slab
Condition
- New Construction
- New construction: Yes
- Year built: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Security, Sidewalks, Street Lights, Close To School, Near Shopping
Location
- Region: Iowa City
- Subdivision: Community View Part One
HOA & financial
HOA
- Has HOA: Yes
- Services included: None
Other
Other facts
- Listing terms: Cash,Conventional
Sell with ease on Zillow
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$2,486,900
2% more+$49,738
With Zillow Showcase(estimated)$2,536,638