25 Linden AveCouncil Bluffs, IA 51503

Property Details for 25 Linden Ave

Lot size

2.96 AC

Property size (Sq ft)

63,097 SF

Property type

Retirement homes

Property subtype

Apartment buildings

Description

This exceptional 36-unit senior living apartment building, located at 25 Linden Ave S in Council Bluffs, Iowa, presents a compelling investment opportunity. The property, encompassing 63,097 square feet on a 2.96-acre lot, boasts a 100% occupancy rate. Built in phases between 1924 and 2016, with renovations completed in 2017, the two-story building is zoned R-3. The property features a unique history, originally serving as Gunn elementary school, now thoughtfully repurposed to provide comfortable and independent senior living. Individual units average $81,944, with a total asking price of $2,950,000, resulting in a price per square foot of $46.75. The property's location in a quiet, tree-lined neighborhood offers residents a serene and peaceful environment. The well-maintained grounds and mature trees contribute to the tranquil atmosphere. This property offers a blend of historic charm and modern amenities, making it an ideal setting for senior residents. The Pottawattamie County location, with a zip code of 51503, provides convenient access to local amenities and services. The property's strong occupancy rate and attractive price point make it a highly desirable investment. The APN is 754319331001.

Location Insight

City

Council Bluffs

County

Pottawattamie

State

Iowa

Latitude

41.2819

Longitude

-95.8355

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