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4831 Tama St 4831 Tama St 4 Unit Apartment Building $356,564 CAD ($89,141 CAD/Unit) 6.25% Cap Rate Marion, IA 52302
INVESTMENT HIGHLIGHTS
- Location Right Off 1st Ave
EXECUTIVE SUMMARY
Low Rents - Realistic Room for Rent Raises
2024 Financials attached
Realistic ProForma
Laundry Owned
Shared Cul De Sac Garbage
Owner Pays:
Electric in common
Sewer, Water, & Trash
Gas to heat the water
2024 Financials attached
Realistic ProForma
Laundry Owned
Shared Cul De Sac Garbage
Owner Pays:
Electric in common
Sewer, Water, & Trash
Gas to heat the water
PROPERTY FACTS Under Contract
| Price | $356,564 CAD | Building Class | C |
| Price Per Unit | $89,141 CAD | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 12,799 SF |
| Cap Rate | 6.25% | No. Stories | 2 |
| No. Units | 4 | Year Built | 1978 |
| Property Type | Multifamily | Parking Ratio | 8/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R - Residential | ||
| Price | $356,564 CAD |
| Price Per Unit | $89,141 CAD |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 12,799 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 8/1,000 SF |
| Zoning | R - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 14024-03006-00000 | Improvements Assessment | $319,430 CAD |
| Land Assessment | $46,208 CAD | Total Assessment | $365,638 CAD |
PROPERTY TAXES
Parcel Number
14024-03006-00000
Land Assessment
$46,208 CAD
Improvements Assessment
$319,430 CAD
Total Assessment
$365,638 CAD
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Presented by
Heartland Investment Partners
4831 Tama St | 4831 Tama St
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