$399,000
Lamoni Multifamily Investment Opportunity?Potential for 17 Apartments Explore the investment potential of this apartment building in Lamoni, Iowa! The property features eight finished apartments?eight one-bedroom units and one three-bedroom unit?with space for eight additional apartments, offering the potential for 17 total units. Major improvements include a brand-new roof, a brand-new sprinkler system, and updated electrical work in finished units and rough-in electrical work in unfinished units. These upgrades provide a valuable foundation for an investor looking to complete the remaining units and expand the property's rental potential....read more
Property Highlights
Heating
Forced Air, Hot Water
Taxes
$6,951 Taxes
Water
Public
Year Built
Built in 1971
All Property Features
Property Type
Commercial - Business
Accessibility Features
No Stairs External, Hallways 42+, Roll-In Shower
Current Use
Residential
Days on Site
1
Exterior
Brick
Fuel Type
Electric
Garage
2
Heating
Forced Air, Hot Water
Lot Dimensions
86,822
Lot Size
86,822
Open Parking Spaces
20
Parcel #
1406300013
Parking
Covered, Concrete
Possible Use
Motel/Hotel
Sewer
City Sewer/Connected
SQFT Building Finished
24560
Taxes
$6,951
Units
17
Utilities
Electric Common, Heating Separate, Hot Water Common
Water
Public
Year Built
1971
Gallery
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