Multifamily Property for Sale in Rolfe, IA

  • Price: $600K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Rolfe, IA 50581

Description

20 Unit apartment community in Rolfe, Iowa Address: 1106 Elm St & 402 Fourth St, Rolfe, Iowa 50581 List Price: $600,000 ($30,000/unit) Cap Rate: 9.60% Year Built: 1971, 1972 & 1974 Number of Units: 20 Garages: 10 Number of Buildings: 4 Residential Unit Mix: 8-1BR/1BA & 12-2BR/1BA Avg. In Place Rents: $461 Laundry: Common (4 sets total) Heating: Boiler Cooling: Wall A/C units Water Heater: Common Appliance Package: Fridge and stove -Landlord pays electric, gas, water/sewer and trash. -100% of trash is billed back based on unit square footage. -94% of electric, gas and water/sewer is billed back based on unit square footage.

Market Context

This multifamily in Rolfe, IA is listed for sale at $600,000. It has been on the market for 148 days. Compare it against other multifamily listings for sale in Rolfe, IA — <a href="/search/sale/multifamily/iowa/rolfe">view the full market</a>.

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