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221 E College St
Iowa City, IA 52240
Plaza Towers Condominiums · Multifamily Property For Sale
·
59 Units


Executive Summary
Fifty-six guest rooms located on floors 4-6. All rooms feature apartment-style layouts, including full kitchenettes with stovetop, dishwasher, and refrigerator, making them ideal
for extended stays. The design emphasizes natural light and downtown and campus views. UNDER CONTRACT
for extended stays. The design emphasizes natural light and downtown and campus views. UNDER CONTRACT
Property Facts Under Contract
| Sale Type | Investment | Building Class | A |
| No. Units | 59 | Lot Size | 0.01 AC |
| Property Type | Multifamily | Building Size | 38,021 SF |
| Property Subtype | Apartment | No. Stories | 12 |
| Apartment Style | Mid-Rise | Year Built | 2004 |
| Sale Type | Investment |
| No. Units | 59 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.01 AC |
| Building Size | 38,021 SF |
| No. Stories | 12 |
| Year Built | 2004 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Views
- Walk-In Closets
- Breakfast Nook
- Built-In Bookshelves
- Dining Room
- Family Room
- Loft Layout
- Patio
- Wet Bar
- Window Coverings
- Quartz Countertops
- Floor to Ceiling Windows
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Tenant Controlled HVAC
- Gas Range
- Smoke Free
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | - | 550 |
| 1+2 | 39 | - | 1,000 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $17,030,668 CAD | |
| Land Assessment | $2,616,558 CAD | Total Assessment | $19,647,226 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,616,558 CAD
Improvements Assessment
$17,030,668 CAD
Total Assessment
$19,647,226 CAD
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