(712-202-5503) Downtown 59 Unit Residential Commercial Mixed Use, Sioux City, IA For Sale

  • $1,325,000

Collect $32,362/month OR MORE on this Mixed Use Property in Sioux City, IA!
* 55 residential units PLUS 4 commercial spaces *
** Downtown Area! **

• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?

For the price of many Single Family Homes, you can have 59 income-producing units!

PRICED TO MOVE QUICKLY: $1,325,000
Don’t miss out!

This multifamily property offers multiple money-generating strategies:

 Pro forma cap rate 9.0%
 Stable property
 Many Capital Improvements completed
 95% Occupied
 Perfect apartment starter
 Room for rent increases
 Four Commercial Spaces for Local Office Use
 Priced to MOVE!
 Even more possible value plays!

This is an off-market deal.

For IMMEDIATE DELIVERY of the Property Package:

Option 1: Text your name & email to 712-202-5503 and a packet will be emailed within 10 minutes

Option 2: Dial the voice box at 712-202-5503 and speak ONLY your name & email – a packet will be emailed within 10 minutes

Price:
$1,325,000
Address:
1003 Pierce St
Sioux City, IA 51105
Terms:
For Sale
Property Type:
Multi-family

Property Location