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733 5th Ave - 731 - 733 5th Ave 2 Unit Apartment Building Offered at $277,645 CAD at a 6.32% Cap Rate Marion, IA 52302
INVESTMENT HIGHLIGHTS
- Garage
EXECUTIVE SUMMARY
- Tenants pay all utilities
- Rent: $1,100 & $1,235
- Electrical panels updated
- Roof redone in 2020
- Large bedroom units
- Large extra closet room
- One Kitchen updated
- Large front porch
- Rent: $1,100 & $1,235
- Electrical panels updated
- Roof redone in 2020
- Large bedroom units
- Large extra closet room
- One Kitchen updated
- Large front porch
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$37,139
|
$14.98
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$37,139
|
$14.98
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $37,139 |
| Annual Per SF | $14.98 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $37,139 |
| Annual Per SF | $14.98 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 2 | - | - |
1 1
Walk Score®
Very Walkable (85)
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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STREET VIEW
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Presented by
Heartland Investment Partners
733 5th Ave - 731 - 733 5th Ave
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