400 13th Ave NW, Oelwein, IA 50662

Portfolio consists of three properties on separate parcels all within 1.5 miles of each other in the City of Oelwein, Iowa. Otter Creek Cottages consists of 57 units. 56 One-bedroom's & 1- Two bedroom. Coin Laundry is owned and on site at the office building. Clubhouse building consists of office, coin laundry, and community room/kitchenette. Many Units have been remodeled and large CAPX items completed. Each apartment has its own Gas Hot Water Heater. Kitchen includes Fridge and Stove. Rent box on site. The Meadows Apartments is 36 units. 8-One bedroom's, 18-Two bedrooms, and 10-Three bedroom units. Coin Laundry is owned and on each level. The Meadows consists of 2 apartment buildings---A 12-plex which is 2 stories and a 24-plex which is 3 stories. Two Rows of garages---one row that has 10 detached garages & another row that is 5 detached garages. This complex is roughly 1/2 mile from Otter Creek. Meadows has extra Green Space for additional building(apartments/ garages/amenities). Platt Park Apartment Homes consists of 2 buildings with 4 units, each. All are 2 bedroom/1 Bath units. 8 Detached Garages are included in rent currently and there is coin laundry in each building. Please email shana@remaxcentralia.com to electronically sign confidentiality agreement and gain access to the Full Offering Memorandum, and deal center documents.