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908 Us Highway 69 Huxley, IA 50124

40-unit senior living conversion opportunity

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 40-unit multifamily property, situated on 4.59 acres in Huxley, Iowa, presents a compelling redevelopment opportunity. Originally operating as an assisted living facility, the property boasts a prime location along Highway 69, near residential areas and various commercial amenities, including a nearby convenience store. The 1997-built, two-story building features twelve garages, ample outdoor sitting areas, individual patios and balconies, a workout room, library, and entertainment room. The existing dining room and commercial kitchen offer potential for conversion into additional residential units. The property includes a sprinkler system, elevator, significant on-site storage, and secure access. The expansive lot allows for potential expansion on the south side or parceling for additional retail/commercial development. This presents a unique chance to reposition this property as a market-rate or independent living multifamily complex, capitalizing on its existing infrastructure and desirable location. The property's amenities and location make it an attractive investment for developers and investors seeking a high-potential redevelopment project in a growing Iowa community. The property is conveniently located at 908 N US Hwy 69, Huxley, IA 50124.

Highlights

  • 40-unit multifamily property on 4.59 acres in Huxley, IA.
  • Prime Highway 69 location near residential and commercial amenities.
  • 1997-built, two-story building with twelve garages, patios/balconies, workout room, library, and entertainment room.
  • Existing dining room and kitchen offer conversion potential to residential units.
  • Features sprinkler system, elevator, ample storage, and secure access; redevelopment potential.

Property Details for 908 Us Highway 69

Property type
Retirement homes
Year Built
1997
Buildings
1
Stories
2
Lot Size (sq. ft)
199,940 SF
Units
40

Location Insight

City
Huxley
County
Story
State
Iowa
Latitude
41.902427
Longitude
-93.60793

FAQs

What type of property is this?
Retirement home - 40-unit senior living conversion opportunity
Where is the retirement home located?
The property is located at 908 Us Highway 69 Huxley, IA.
What are key features of this property?
This property features: 40-unit multifamily property on 4.59 acres in Huxley, IA.; Prime Highway 69 location near residential and commercial amenities.; 1997-built, two-story building with twelve garages, patios/balconies, workout room, library, and entertainment room.
How can I contact the broker?
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908 Us Highway 69
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