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733 5th Ave - 731 - 733 5th Ave 2 Unit Apartment Building Offered at $260,123 CAD at a 6.62% 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
Data Room Click Here to Access
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$36,443
|
$14.70
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$36,443
|
$14.70
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $36,443 |
| Annual Per SF | $14.70 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $36,443 |
| Annual Per SF | $14.70 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts Under Contract
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | - | - |
1 1
Walk Score®
Very Walkable (84)
Property Taxes
| Parcel Number | 14011-78002-00000 | Improvements Assessment | $223,343 CAD (2025) |
| Land Assessment | $17,265 CAD (2025) | Total Assessment | $240,607 CAD (2025) |
Property Taxes
Parcel Number
14011-78002-00000
Land Assessment
$17,265 CAD (2025)
Improvements Assessment
$223,343 CAD (2025)
Total Assessment
$240,607 CAD (2025)
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Heartland Investment Partners
733 5th Ave - 731 - 733 5th Ave
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