For Sale
$180,000
1204 Poplar St Leon, IA 50144
Three-unit apartment building; 6.75% cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 132
Highlights
- Asking price: $180,000.
- 6.75% cap rate with a Net Operating Income (NOI) of $12,148.
- 100% occupancy.
- Value-add opportunity with recent capital improvements.
- Three-unit, two-story apartment building situated in a quiet residential neighborhood in Leon, Iowa.
Property Details for 1204 Poplar St
- Property type
- Apartment buildings
- Class
- C
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 10,454 SF
- Units
- 3
Location Insight
- City
- Leon
- County
- Decatur
- State
- Iowa
- Latitude
- 40.7311833
- Longitude
- -93.7437669
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - Three-unit apartment building; 6.75% cap rate.
- Where is the apartment building located?
- The property is located at 1204 Poplar St Leon, IA.
- What is the asking price?
- The asking price for this property is $180,000.
- What are key features of this property?
- This property features: Asking price: $180,000.; 6.75% cap rate with a Net Operating Income (NOI) of $12,148.; 100% occupancy.
- How can I contact the broker?
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