500 Oakhurst DrClinton, IA 52732

  • Apartment buildings
  • 11,335 SF
For Sale
$375,000 View listing

Property Details for 500 Oakhurst Dr

Year built
1902
Property size (Sq ft)
11,335 SF
Property type
Apartment buildings

Description

This exceptional 11-unit apartment building presents a lucrative investment opportunity in Clinton, Iowa. Located at 500 Oakhurst Drive within the Breezy Point subdivision, this two-story, 1902-built property boasts 11,335 square feet and offers a compelling net operating income (NOI) of $27,034. The building comprises a mix of unit sizes, including two one-bedroom units and eight two-bedroom units, catering to a diverse tenant base. Ample off-street parking is available with 20 spaces provided for residents. Convenience is enhanced by the inclusion of on-site laundry facilities, adding value for tenants and simplifying property management. The property's county assessor parcel number (APN) is 8400090000. This well-maintained multifamily property is priced at $375,000 and represents a strong potential for both immediate cash flow and long-term appreciation. Its prime location in Clinton, Iowa, offers easy access to local amenities and services, making it an attractive option for renters. The property's solid occupancy rate and consistent income stream make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a well-established multifamily property in a desirable location. Serious inquiries are encouraged.

Location Insight

City
Clinton
County
Clinton
State
Iowa
Latitude
41.8558
Longitude
-90.1928

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].