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908 N US Highway 69 908 N US Highway 69

40 Unit Block of Flats For Sale Huxley, IA 50124

Investment Highlights

  • 4.59 Acres
  • New Roof & Siding in 2020
  • 15,300 SF Net Rentable Area Phase I
  • 40 Existing Units
  • 2 Stories
  • 5,702 SF Net Rentable Area Phase II

Executive Summary

This is a great opportunity for an investor or developer to operate this property as a market rate or independent living multi-family property. There is also an opportunity for a larger addition or expansion on the southside within the current greenspace. Otherwise, the land can be parceled off and sold for a retail/commercial use to compliment the residential property.

Attachments

908 N US Hwy 69

Property Facts

Sale Type Investment
No. Units 40
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 4.59 AC
Building Size 52,850 SF
Average Occupancy 0%
Number of Floors 2
Year Built 1997

Unit Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Refrigerator
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 38 - -
2+1 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-23-260-110
Land Assessment
£469,314
Improvements Assessment
£2,543,119
Total Assessment
£3,012,433
  • Listing ID: 31694622

  • Date on Market: 03/05/2024

  • Last Updated:

  • Address: 908 N US Highway 69, Huxley, IA 50124

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