Log In/Sign Up
Your email has been sent.
Diamond Senior Apartments at Wingate Drive 1401 Wingate Dr 61 Unit Apartment Building For Sale Dubuque, IA 52002
Investment Highlights
- Underground parking for every tenant and dedicated storage spaces
- Stabilized senior LIHTC community in Dubuque’s prime residential area
- Extensive amenity package including fitness center, library, and outdoor patio
- Near-full occupancy with minimal turnover and strong income performance
Executive Summary
Diamond Senior Apartments is a well-maintained, 61-unit senior LIHTC community in a desirable residential area of Dubuque, Iowa. All units are restricted at 60% AMI with a mix of one- and two-bedroom floorplans, and the property maintains near-full occupancy with minimal turnover. The asset offers a robust amenity package including a library, business center, banquet and TV/billiards room, fitness center, wellness suite, dedicated tenant storage, and a large outdoor patio with grills and gazebo. Underground
parking provides a space for every tenant. Units feature in-unit washer/dryers, dishwashers, microwaves, electric ranges, refrigerators, individual furnaces for heat/AC, and full
sprinkler coverage. Life safety is strong with hard-wired alarms to FD. The property also has a geothermal system. This is a rare opportunity to acquire a stabilized, purpose-built
senior LIHTC community in a strong submarket with institutional-quality amenities and infrastructure.
parking provides a space for every tenant. Units feature in-unit washer/dryers, dishwashers, microwaves, electric ranges, refrigerators, individual furnaces for heat/AC, and full
sprinkler coverage. Life safety is strong with hard-wired alarms to FD. The property also has a geothermal system. This is a rare opportunity to acquire a stabilized, purpose-built
senior LIHTC community in a strong submarket with institutional-quality amenities and infrastructure.
Property Facts
| Sale Type | Investment | Lot Size | 3.11 AC |
| No. Units | 61 | Building Size | 76,392 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2011 |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 61 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 3.11 AC |
| Building Size | 76,392 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2011 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Fireplace
- Microwave
- Washer/Dryer
- Heating
- High Speed Internet Access
- Refrigerator
- Range
- Wheelchair Accessible (Rooms)
Site Amenities
- Business Center
- Clubhouse
- Courtyard
- Fitness Center
- Picnic Area
- Property Manager on Site
- Tenant Controlled HVAC
- Storage Space
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 21 | - | 740 |
| 2+1 | 40 | - | 1,041 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 10-28-207-008 | Improvements Assessment | $1,923,095 CAD |
| Land Assessment | $765,627 CAD | Total Assessment | $2,688,722 CAD |
Property Taxes
Parcel Number
10-28-207-008
Land Assessment
$765,627 CAD
Improvements Assessment
$1,923,095 CAD
Total Assessment
$2,688,722 CAD
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Diamond Senior Apartments at Wingate Drive | 1401 Wingate Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.