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Lincoln Woods 2807 Lincoln Way 72 Unit Apartment Building For Sale Sioux City, IA 51106
Investment Highlights
- New stainless steel appliances
- Freshly painted cabinets with new hardware
- Free laundry service in each building
- Composite hard surface countertops
- New flooring
- 72 garage doors with ample on-site parking
Executive Summary
Lincoln Woods offers large one, two and three-bedroom fully renovated units featuring new flooring, lighting, cabinets, marble countertops and stainless-steel appliances. The community offers an exclusive set of amenities such as free tenant laundry, pet area, playground and ample green space throughout.
This premier asset is located just off Lincoln Way and boasts close proximity to countless shops, restaurants, and activities, including Floyed Park Golf Course and the nearby South Ravine Park. With convenient access to I-29, Lincoln Woods is just five minutes to downtown Sioux City. Also nearby are Morningside University and Briar Cliff University as well as Western Iowa Tech Community College. Shopping and entertainment opportunities abound at the Southern Hills mall which is just minutes away from the Property. Sioux City is an evolving regional hub for commerce and healthcare and is also recognized for its thriving arts and music scene and numerous cultural events.
Lincoln Woods is being sold unpriced on a free & clear basis. A call for offers date will be announced during marketing.
This premier asset is located just off Lincoln Way and boasts close proximity to countless shops, restaurants, and activities, including Floyed Park Golf Course and the nearby South Ravine Park. With convenient access to I-29, Lincoln Woods is just five minutes to downtown Sioux City. Also nearby are Morningside University and Briar Cliff University as well as Western Iowa Tech Community College. Shopping and entertainment opportunities abound at the Southern Hills mall which is just minutes away from the Property. Sioux City is an evolving regional hub for commerce and healthcare and is also recognized for its thriving arts and music scene and numerous cultural events.
Lincoln Woods is being sold unpriced on a free & clear basis. A call for offers date will be announced during marketing.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Sale Type | Investment | Lot Size | 6.28 AC |
| No. Units | 72 | Building Size | 78,894 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1992/2025 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | Commercial | ||
| Sale Type | Investment |
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 6.28 AC |
| Building Size | 78,894 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1992/2025 |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Refrigerator
- Oven
- Range
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Playground
- Community-Wide WiFi
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 750 |
| 2+1 | 34 | - | 1,000 |
| 3+1 | 35 | - | 1,200 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 884801476014 | Improvements Assessment | $5,612,391 CAD |
| Land Assessment | $1,105,450 CAD | Total Assessment | $6,717,841 CAD |
Property Taxes
Parcel Number
884801476014
Land Assessment
$1,105,450 CAD
Improvements Assessment
$5,612,391 CAD
Total Assessment
$6,717,841 CAD
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Lincoln Woods | 2807 Lincoln Way
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