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Platt Park 414 7th St SE 8 Unité Immeuble d’appartements 773 850 $ CAD (96 731 $ CAD/Unité) Oelwein, IA 50662
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Detached garages included with each unit; monetization potential
- Located in Oelwein’s supply-constrained multifamily market
- Recent upgrades: flooring, appliances, HVAC, water heaters
Résumé de l'annonce
Platt Park Apartment Homes presents a rare opportunity to acquire a stabilized, well-maintained multifamily asset in the heart of Oelwein, Iowa. Comprising eight spacious two-bedroom units across two garden-style buildings, the property is ideally situated adjacent to the 16-acre Platt Park—a community hub featuring playgrounds, trails, and disc golf. Each unit includes access to a detached garage, and residents benefit from on-site laundry facilities and lush landscaping that enhances the quiet residential setting.
Recent capital improvements—including new flooring, paint, appliances, HVAC systems, and water heaters—position the property for immediate operational stability and long-term upside. With rents currently below market, new ownership can unlock significant value through further interior upgrades and strategic rent increases. Garage spaces, currently included in rent, offer an easy path to additional income through unbundling.
Oelwein’s supply-constrained multifamily market, supported by low vacancy rates and limited new development, provides a strong foundation for consistent rent growth. The city’s economic vitality is bolstered by a diverse employer base, a regional airport, and business-friendly incentives like the USDA-backed Revolving Loan Fund. For investors seeking scale, Platt Park can be acquired individually or as part of a 101-unit portfolio with two nearby properties, offering operational efficiencies and enhanced management control.
Recent capital improvements—including new flooring, paint, appliances, HVAC systems, and water heaters—position the property for immediate operational stability and long-term upside. With rents currently below market, new ownership can unlock significant value through further interior upgrades and strategic rent increases. Garage spaces, currently included in rent, offer an easy path to additional income through unbundling.
Oelwein’s supply-constrained multifamily market, supported by low vacancy rates and limited new development, provides a strong foundation for consistent rent growth. The city’s economic vitality is bolstered by a diverse employer base, a regional airport, and business-friendly incentives like the USDA-backed Revolving Loan Fund. For investors seeking scale, Platt Park can be acquired individually or as part of a 101-unit portfolio with two nearby properties, offering operational efficiencies and enhanced management control.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
| Prix | 773 850 $ CAD | Style d’appartement | Jardin |
| Prix par unité | 96 731 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,53 AC |
| Nombre d’unités | 8 | Taille du bâtiment | 3 600 pi² |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 2 |
| Sous-type de propriété | Appartement | Année de construction | 1977 |
| Zonage | R - Residential | ||
| Prix | 773 850 $ CAD |
| Prix par unité | 96 731 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 8 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | C |
| Taille du lot | 0,53 AC |
| Taille du bâtiment | 3 600 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1977 |
| Zonage | R - Residential |
Commodités
Commodités des unités
- Climatisation
- Lave-vaisselle
- Ventilateurs de plafond
- Accès Internet à haute vitesse
- Tapis
- Fenêtres à double vitrage
- Salle de séjour
Commodités du site
- Installations de lessive
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+1 | 8 | - | - |
1 1
Assez accessible à pied
40/100
Exceptionnellement adapté aux voitures
100/100
Relativement accessible en vélo
30/100
Impôts fonciers
| Numéro de lot | 18-28-232-021 | Évaluation des bâtiments | 429 867 $ CAD |
| Évaluation du terrain | 36 439 $ CAD | Évaluation totale | 466 307 $ CAD |
Impôts fonciers
Numéro de lot
18-28-232-021
Évaluation du terrain
36 439 $ CAD
Évaluation des bâtiments
429 867 $ CAD
Évaluation totale
466 307 $ CAD
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Platt Park | 414 7th St SE
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