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Presenting Grandview Apartments, a prime turnkey investment opportunity in the heart of Sioux City, Iowa. This meticulously maintained four-level apartment building offers a fully leased, income-generating property with 15 one-bedroom units. Each apartment has been recently remodeled with modern finishes and brand-new appliances, making it a hassle-free addition to any investor's portfolio. Key Features: Turnkey Investment: Fully leased, generating consistent cash flow from Day 1. New Roof: Installed recently, reducing maintenance costs and long-term capital expenditure. Completely Renovated Units: Each unit features contemporary finishes and new appliances, maximizing rental potential and tenant satisfaction. Desirable Location: Centrally located in Sioux City, providing easy access to local amenities, public transportation, and employment centers. Low Vacancy Risk: Strong rental demand in the area, ensuring stable long-term tenancy. Attractive Cap Rate: Positioned for strong returns with the potential for future rent growth. This low-maintenance, high-yield property is perfect for both seasoned investors and those looking to expand their portfolio with a solid, income-producing asset. The combination of recent updates, strong market rents, and full occupancy makes Grandview Apartments a rare find in today's market. Don't miss this exceptional investment opportunity! Contact us today for additional details, financials, and to schedule a private showing.
| DAYS ON MARKET | 28 | LAST UPDATED | 10/27/2024 |
|---|---|---|---|
| YEAR BUILT | 1905 | COUNTY | Woodbury |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| LOT | 3485 sq ft |
|---|---|
| TAXES | 9728 |
| ZONING | R3+ |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with J & M Real Estate Group Inc.
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