Basics
- Date added: Added 3 months ago
- Category: COMMERCIAL (5+ UNITS)
- Status: Active
- Floors: Carpet,Tile,Vinyl/Linoleum
- Lot size: 87120 sq ft
- Year built: 1993
- County: Ringgold
- Acres: 2 acres
- Price Per SQFT: $8.15
- Municipality: Mount Ayr
- Current Use: Office,Residential
- DOM: 897
- MLS ID: 6137080
Description
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Description:
12-Unit apartment complex, office, and retail space, all available on over 2 acres of prime commercial Mount Ayr, Iowa, real estate. Current office/retail space is home to a clinic along with several small businesses who lease private space along with shared common area. There is a current property manager and maintenance person who would continue to handle these responsibilities if buyer is interested in a property management specialist. The complex had a new roof put on in the summer of 2023 and each apartment unit was remodeled/updated in 2021/2022! Listing agent can provide financials to serious buyers. Nine of the apartment units have on site garage parking and complex offers a central space for small gatherings or socializing for tenants only. It's a great location right on Highways 2 & 169 and across from our new Casey's General Store!!
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Location
Building Details
- Garage Stalls: 8
- Water: City Water/Connected
- Walls: Drywall,Finished
- Construction Status Desc: Previously Owned
- Construction Status: 0
- Building Total SqFt: 98010 sq ft
Amenities & Features
- Available Utilities: Electric Separate,Heating Separate,Hot Water Separate
- Style: Apartment
- Air Conditioning: Central
- Appliances: Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer
- Parking Characteristics: Attached Garage,Detached Garage,Uncovered/Open,Driveway - Concrete,Paved Lot
- Exterior: Brick/Stone,Metal
- Heating: Forced Air
- Sewer: City Sewer/Connected
- Amenities:
Miscellaneous
- Association: WCIR
- School District Name: Mount Ayr, 4527
- Yearly/Seasonal: Yearly
- Availability: Available
- Contingency: None
- Accessible: None
- Fuel: Natural Gas
- Expense Insurance: $5,196
Fees & Taxes
- Tax Year: 2022
- Net Taxes: $22,746
- Expense Maintenance: $37,685