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$2,240,000
Est. payment /mo
3 Beds
2 Baths
2,208 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,208 sqft
Price per Sqft $1,014
MLS Listing ID 831744
Bedrooms 3
Full Baths 2
Year Built 1975
Annual Tax Amount $9,518
Tax Year 2024
Lot Size 0.760 Acres
Acres 0.76
Property Sub-Type Multi-Unit
Property Description
Investment Opportunity – Fully Renovated Multifamily Portfolio in Hawarden, IA Rare opportunity to acquire a 32-unit multifamily portfolio in Hawarden, Iowa, consisting of 28 one-bedroom units and 4 two-bedroom units across four separate parcels. 26 of 32 units have been completely renovated, offering a true turnkey investment with minimal deferred maintenance. The portfolio includes: 1115 Central Ave – 4 units 1111 Ave F – 4 units 707 Ave I – 8 units 608 12th St – 16 units All units have been fully redone, providing modern interiors that support strong tenant demand and stable occupancy. The diversified layout across multiple buildings helps reduce operational risk while allowing for efficient management. This offering is well-suited for investors seeking a stabilized asset, strong in-place condition, and long-term hold potential in a growing regional market. Properties may be sold as a complete portfolio or separately by parcel.
Location
State IA
County Sioux
Area Surrounding Areas/Other Areas
Zoning Res
Multi-Unit Info
Total Units 32
Unit 1 Information SqFt: 800; Bedroom: 2; Bathroom: 1; FullBath: 1
Unit 2 Information SqFt: 650; Bedroom: 1; Bathroom: 1; FullBath: 1
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Listed by Gateway Real Estate Advisors
Nearby School & Business
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