Share This Listing

Message

944 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Skyview Apartments 3719 W 9th St 24 Unit Apartment Building $2,359,105 CAD ($98,296 CAD/Unit) 6.02% Cap Rate Waterloo, IA 50702

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 24 Units
  • 0.57 Acres
  • Close Proximity to Various Shopping Centers
  • 30+ Parking Spaces
  • Close Proximity to MercyOne Waterloo Medical Center

EXECUTIVE SUMMARY

Introducing 3719 W 9th Street. This investment property in Waterloo, IA, includes 24 units, on 0.567 acres with a 30+ space parking lot included. Built in 1978, this multi-family property offers a prime location adjacent to MercyOne Waterloo Medical Center, various employers, as well as many shopping and retail centers. With a unit mix of 19 one bedroom units and 5 two bedroom units this property creates the opportunity for major value add potential.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $253,614 $20.82
Other Income - -
Vacancy Loss - -
Effective Gross Income $253,614 $20.82
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $253,614
Annual Per SF $20.82
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $253,614
Annual Per SF $20.82
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $2,359,105 CAD
Price Per Unit $98,296 CAD
Sale Type Investment
Cap Rate 6.02%
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.57 AC
Building Size 12,180 SF
No. Stories 3
Year Built 1978
Parking Ratio 2.46/1,000 SF
Zoning R-4

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 19 - -
2+1 5 - -
  • Listing ID: 34730060

  • Date on Market: 2025-02-05

  • Last Updated:

  • Address: 3719 W 9th St, Waterloo, IA 50702

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}