Log In/Sign Up
Your email has been sent.
4871 Tama St 4 Unit Apartment Building Offered at $390,376 CAD at a 6.93% Cap Rate Marion, IA 52302
Investment Highlights
- Exceptionally Well-Maintained Asset
- TUrnkey Investment With Pride Of Ownership Throughout
- Strong In-Place Rents Averaging Nearly $800/Unit
Executive Summary
Exceptionally well-maintained 4-unit property with strong in-place rents averaging just under $800 per unit. This is easily one of the highest quality assets of its vintage that we have toured, with pride of ownership evident throughout the entire property. The building has been carefully maintained over time and presents extremely well both inside and out.
Investors will appreciate the turnkey nature of the opportunity, strong tenant appeal, and operational simplicity that smaller multifamily assets rarely offer at this level of condition. Opportunities to acquire a 4plex of this vintage in such clean, well-kept condition are becoming increasingly difficult to find in today’s market.
Investors will appreciate the turnkey nature of the opportunity, strong tenant appeal, and operational simplicity that smaller multifamily assets rarely offer at this level of condition. Opportunities to acquire a 4plex of this vintage in such clean, well-kept condition are becoming increasingly difficult to find in today’s market.
Data Room Click Here to Access
Property Facts
| Price | $390,376 CAD | Property Type | |
| Price Per Unit | $97,594 CAD | Building Size | 3,720 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 6.93% | No. Stories | 2 |
| No. Units | 4 | Year Built | 1979 |
| Price | $390,376 CAD |
| Price Per Unit | $97,594 CAD |
| Sale Type | Investment |
| Cap Rate | 6.93% |
| No. Units | 4 |
| Property Type | |
| Building Size | 3,720 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1979 |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,096 CAD | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 14024-03011-00000 | Improvements Assessment | $325,724 CAD |
| Land Assessment | $41,914 CAD | Total Assessment | $367,638 CAD |
Property Taxes
Parcel Number
14024-03011-00000
Land Assessment
$41,914 CAD
Improvements Assessment
$325,724 CAD
Total Assessment
$367,638 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Heartland Investment Partners
4871 Tama St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.