Perfect investment for a builder or developer. The property for sale is 9 condominium rental homes and 27 undeveloped condo lots. Two condo buildings are built and there is a potential to build four more condo buildings. Existing condo units rent at approximately $2,000/month, request Proforma and Rent Roll from the Listing Agent. Approximately $2,430,000 for the 9 condo units ($270,000/unit) and $1,255,000 for the 27 condo lots ($46,481/lot). Can only be sold as a package.
1559-1672 Ponds Edge Ct North Liberty, IA 52317
For Sale
1559-1672 Ponds Edge Ct
North Liberty, IA 52317
Price: $3,685,000
Type:
Multi-Family
Units Total: 9
Agent:
Mark Lynch
Agent Phone: 319-331-0409
Agent Email: marklynch@skogman.com
Broker:
Skogman Realty Co.
Broker Phone: 319-625-6427