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MULTI-FAMILY REDEVELOPMENT OPPORTUNITY 217 19th St 87 Unité Immeuble d’appartements À vendre Sioux City, IA 51105
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Résumé de l'annonce
REDEVELOPMENT POTENTIAL
Primed for redevelopment, this Sioux City property presents a compelling opportunity for affordable, workforce, or HUD-supported housing. The site may be well-suited for developers or housing providers seeking to pursue public/private incentives, tax credits, grant programs, or other low-income housing initiatives. Buyer to verify zoning, density, program eligibility, and available development incentives.
PROPERTY SPECIFICATIONS
Luma Heights Apartments
217 19th Street Sioux City, IA 51105
Mid-rise apartment building
Class A Potential
(87) apartments & (12) parking stalls on 0.69 acres
Unit mix: (42) studios, (35) 1-beds, (5) 2-beds & (5) 3-beds
Rentable area: 74,037 SF | Gross area: 82,257 SF
Built 1920; formerly a hotel, converted to apartments
Creative financing options available
Purchase Price: unpriced
GENERAL OFFERING
The Sioux City-IA-MSA boasts one of the nation’s lowest unemployment rates at 3.2% as of April 2026. Sioux City benefits from a diversified regional economy, strong industrial and food-processing presence, and central access to Interstate 29, rail, river transport, and Sioux Gateway Airport.
Primed for redevelopment, this Sioux City property presents a compelling opportunity for affordable, workforce, or HUD-supported housing. The site may be well-suited for developers or housing providers seeking to pursue public/private incentives, tax credits, grant programs, or other low-income housing initiatives. Buyer to verify zoning, density, program eligibility, and available development incentives.
PROPERTY SPECIFICATIONS
Luma Heights Apartments
217 19th Street Sioux City, IA 51105
Mid-rise apartment building
Class A Potential
(87) apartments & (12) parking stalls on 0.69 acres
Unit mix: (42) studios, (35) 1-beds, (5) 2-beds & (5) 3-beds
Rentable area: 74,037 SF | Gross area: 82,257 SF
Built 1920; formerly a hotel, converted to apartments
Creative financing options available
Purchase Price: unpriced
GENERAL OFFERING
The Sioux City-IA-MSA boasts one of the nation’s lowest unemployment rates at 3.2% as of April 2026. Sioux City benefits from a diversified regional economy, strong industrial and food-processing presence, and central access to Interstate 29, rail, river transport, and Sioux Gateway Airport.
Faits sur la propriété
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 42 | - | 450 |
| 1+1 | 35 | - | 600 |
| 2+1 | 5 | - | 800 |
| 3+1 | 5 | - | 900 - 90 090 |
1 1
Moyennement accessible à pied
60/100
Moyennement adapté aux voitures
70/100
Transports en commun limités
30/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 894721306009 | Évaluation des bâtiments | 3 602 273 $ CAD |
| Évaluation du terrain | 1 089 792 $ CAD | Évaluation totale | 4 692 065 $ CAD |
Impôts fonciers
Numéro de lot
894721306009
Évaluation du terrain
1 089 792 $ CAD
Évaluation des bâtiments
3 602 273 $ CAD
Évaluation totale
4 692 065 $ CAD
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MULTI-FAMILY REDEVELOPMENT OPPORTUNITY | 217 19th St
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