Great investment opportunity with a fantastic cap rate. Nothing left to do & well taken care of! Half acre lot with green space land to the west. All non smoking units, no pets allowed, and quiet very quiet. Vinyl siding, 6 year old roof, all vinyl windows, new gutters & guards. 6 year old mechanical with , 2 gas fueled, high efficiency gas boilers. Two laundry rooms w/ coin operated washer & dryer. Building wired for high speed internet. Interior updated from top to bottom, stainless steel appliances, soft close cabinets, granite countertops, brushed nickel hardware, fixtures & faucets, hard surface flooring throughout, bathrooms include granite countertops & tiled showers. LED lighting, each unit has bonus storage closet. Recent redone landscaping around the building. Commute to Des Moines is about 30 minutes. High demand in Perry for rentals but low supply for buildings such as this! All information obtained from Seller and public records.
MLS# | 698021 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1975 |
Days On Site | 105 |
Listing Provided By | RE/MAX Precision | Ethan Freeman |
Bed(s) | 14 |
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Bath(s) | 8 Total |
SQ Feet | 5,628 |
Story(s) | 2 |
Units | 8 |
Zoning | M |
Acreage | 0.50 |
State | IA |
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County | Dallas |
City | Perry |
Zip Code | 50220 |
Area | Perry |
Listing VS Median (in 50220) | |
Price: $695,000 low | high Med: $207,000 SqFt: 5,628 low | high Med: 1,282 $ / SqFt: $123 low | high Med: $161 On Site: 105 low | high Med: 30.000000 |