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STRONG RETURN ON INVESTMENT POTENTIAL

There are still great opportunities to earn fantastic return for your investment. This property may be one of them. With a location in relatively close proximity to three other communities, there is plenty of opportunity for potential renters. With solid brick construction, these apartments have many low-maintenance characteristics. The property consists of three buildings with four units each. Each unit is two-bedroom with a full kitchen equipped with appliances, several units have newer carpeting and a spacious living area. Each of the three buildings feature a common entry along with coin operated common laundry areas. If you'd like to explore the fantastic return on investment potential of this property, please contact Listing Agent Tom Miller to learn more today.

 

The information contained in this website was gathered from sources believed to be reliable. We do not guarantee this information and urge the prospective buyer to do further investigation on their own. PPI, Inc. is representing the Seller.

NAME:

Sun Valley Apartments

PRICE:

$165,000.00

UNITS:

12 Units – approx. 775 square foot each

UNIT DESCRIPTION:

Full kitchen with appliances, 2 bedroom, with bathroom and living area. Most have central air, with the exception of few with window units.

CONST.:

Brick front, wood frame

COMMON AREAS:

Common entry with a common laundry facility in each building

UTILITIES:

- Water, electricity & sewer - City

- Gas through Alliant Energy

- Garbage - Brown Sanitation

INCOME:

Earning approximately $3,750/mo in rent

TAXES:

$8,260 per year 

Montgomery Co. Treasurer

TERMS:

Cash, payable upon closing

POSESSION:

Subject to tenancy

LOCATION:

600 E. 6th St., Villisca, Iowa

AGENT:

Tom Miller  - 712-621-1281

Click to enlarge.