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- LoopNet Team
102 S Main St
Leon, IA 50144
Main Street Apartments · Build-to-Rent Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- Renovated apartments with new flooring, kitchens, baths and more
PROPERTY FACTS
| No. Units | 24 | Property Size | 15,651 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 87% |
| Property Subtype | Apartment | No. Floors | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1900/2019 |
| Costar Property Class | C | Parking Allocation | 0.89/1,000 sq ft |
| Total Plot Size | 0.40 ac | ||
| Use Class | M | ||
| No. Units | 24 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.40 ac |
| Property Size | 15,651 sq ft |
| Average Occupancy | 87% |
| No. Floors | 3 |
| Year Built/Renovated | 1900/2019 |
| Parking Allocation | 0.89/1,000 sq ft |
| Use Class | M |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- High Speed Internet Access
- Refrigerator
- Range
- Walk-In Closets
- Double Pane Windows
- Vinyl Flooring
SITE AMENITIES
- Controlled Access
- Courtyard
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Renters Insurance Program
- Community-Wide Wi-Fi
- Online Services
ABOUT 102 S MAIN ST , LEON, IA 50144
High cash flowing 24-unit multifamily about 1 hour south of Des Moines. Has 5 garages, and laundry on each floor that bring in additional rental revenue. Very easy to manage with onsite team setup. Has newer roof, windows, tuck point, side walks. Each apartment has upgrades such as wood-look vinyl flooring, new cabinets or countertops, appliances and more. The most visible and marketable property in the city enjoys high occupancy! View hundreds of photos of the asset before, during and after renovation: https://photos.app.goo.gl/zjw25K7cUF88ME7C9
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 3 | £450.00 | 500 |
| 1+1 | 14 | £537.50 | 655 |
| 2+1 | 6 | £637.50 | 903 |
| 3+2 | 1 | £737.50 | 903 |
PROPERTY TAXES
| Parcel Number | 0733101005 | Improvements Assessment | £187,924 |
| Land Assessment | £19,312 | Total Assessment | £207,236 |
PROPERTY TAXES
