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2120 4th Ave 4 Unit Apartment Building $355,389 CAD ($88,847 CAD/Unit) 5.79% Cap Rate Marion, IA 52302
EXECUTIVE SUMMARY
- Owner Pays Water & Water Softener
- 100% Occupied
- Laundry Owned
- 1 Long Term Tenant
- Realistic Room for Rent Growth
- New Siding in 2022
- New Roof in 2023
- 100% Occupied
- Laundry Owned
- 1 Long Term Tenant
- Realistic Room for Rent Growth
- New Siding in 2022
- New Roof in 2023
PROPERTY FACTS
| Price | $355,389 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $88,847 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 5.79% | Building Size | 1,512 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1976 |
| Property Subtype | Apartment |
| Price | $355,389 CAD |
| Price Per Unit | $88,847 CAD |
| Sale Type | Investment |
| Cap Rate | 5.79% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 1,512 SF |
| No. Stories | 2 |
| Year Built | 1976 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 15062-76008-00000 | Improvements Assessment | $262,714 CAD |
| Land Assessment | $38,546 CAD | Total Assessment | $301,260 CAD |
PROPERTY TAXES
Parcel Number
15062-76008-00000
Land Assessment
$38,546 CAD
Improvements Assessment
$262,714 CAD
Total Assessment
$301,260 CAD
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Presented by
Heartland Investment Partners
2120 4th Ave
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