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, see attached Proforma and Rent Roll. Approximately $2,250,000 for the 9 condo units ($250,000/unit) and $1,250,000 for the 27 condo lots ($46,300/lot). To be sold as a package. Brochure attached.

Listing ID #202305493

Residential For Sale

1559 Ponds Edge Ct # 1672, North Liberty, Iowa 52317

Square Feet0
Construction Year2003
Lot Size4 Acre
Country : US
State : IA
County : Johnson
City : North Liberty
Zipcode : 52317
Status CategoryActive
Agent info
Mark Lynch
Skogman Realty Co.
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0 Sqft
Clear Creek
Clear Creek
Clear Creek
240th Street NE to Jones Blvd to Ponds Edge Court.
Additional Details
4 Acre
2023-10-19 19:28:08

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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