Your chance to own a fully rented 12-plex in Story City with great cash-flow. Cap rate is 9.09% without a Coop leaving opportunity to Coop and increase your return. Nine of the 12 units have been renovated. Each unit has its own furnace, a/c, fridge, stove, garage space, and storage area. Each unit individually metered. Two largest units have in unit laundry, coin-op laundry for other units.
Off market
Zestimate®
$456,700
1204 Northridge Rd, Story City, IA 50248
--beds
--baths
6,012sqft
MultiFamily
Built in 1975
-- sqft lot
$456,700 Zestimate®
$76/sqft
$1,218 Estimated rent