Multi-family For Sale
0 Sqft - 715 Ridge View Rd., Monticello, Iowa 52310
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Description

An 18-unit multi-family apartment complex is available for purchase. The building comprises 14 two-bedroom units and four one-bedroom units. The property offers several opportunities to add value for a new owner. Rents have been increasing steadily, and there is still ample room for further growth. Six detached garages are available to tenants who require covered parking. Additionally, there is a large vacant lot next to the building that can accommodate another 12 units. The property features a metal roof and newer utilities. A brand-new laundry facility was recently installed, and the lower level has plenty of storage space available for the owner to rent out.

Property Description

An 18-unit multi-family apartment complex is available for purchase. The building comprises 14 two-bedroom units and four one-bedroom units. The property offers several opportunities to add value for a new owner. Rents have been increasing steadily, and there is still ample room for further growth. Six detached garages are available to tenants who require covered parking. Additionally, there is a large vacant lot next to the building that can accommodate another 12 units. The property features a metal roof and newer utilities. A brand-new laundry facility was recently installed, and the lower level has plenty of storage space available for the owner to rent out.

Basic Details
Property Type:
Multi-family
Listing Type:
For Sale
Listing ID:
202401498
Price:
$1,025,000
Beds:
0
Baths:
0
Half Bathrooms:
0
Square Feet:
0 Sqft
Construction Year:
1972
Lot Size:
0 Acre
Country:
US
State:
IA
County:
Jones
City:
Monticello
Zipcode:
52310
Status Category:
Active
Area:
Out Of Area
Subdivision:
uk
Features
Internet:
Yes
Address Map
Street:
715 Ridge View Rd.
Floor Number:
0
Longitude:
W92° 48' 53.5''
Latitude:
N42° 13' 50.9''
More Information
Office Name:
Lepic-Kroeger, REALTORS
Update Date:
04-20-2024 16:20:00
Elementary School:
Monticello
Jr./Middle School:
Monticello
High School:
Monticello
Directions:
Heading north on Highway 151 from Cedar Rapids, take exit 63 for US-151 BUS/Amber Rd. Turn left onto US-151 BUS N/S Main St for 1.1 miles.
Zoning:
RES
Lot Dimensions:
1.3 Acres
LA1Agent Logon Name:
I1062
LA1Agent First Name:
Matthew
LA1Agent Last Name:
Lepic
LO1Main Office ID:
55
PriceChangeTimestamp:
03-17-2024
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Matthew Lepic
Lepic-Kroeger, REALTORS
Additional Details
03/17/2024
Heading north on Highway 151 from Cedar Rapids, take exit 63 for US-151 BUS/Amber Rd. Turn left onto US-151 BUS N/S Main St for 1.1 miles.
1.3 Acres
Urban Acres Real Estate