(702-276-2461) Stable 12 Unit Apartment Building In Great Location, Ottumwa, IA For Sale

  • $385,000

Collect $6,900/month OR MORE on this 12 Unit Property in Ottumwa, IA!
** Wapello County! Cash Buyers! **

• 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 less than the price of many Single Family Homes, you can have 12 income-producing units!

PRICED TO MOVE QUICKLY: $385,000
Don’t miss out!

This multifamily property offers multiple money-generating strategies:

 Pro forma cap rate 8.51%
 Stable property
 No repairs needed
 83% occupied
 Perfect small apartment starter
 Room for rent increases
 All studio efficiency units
 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 702-276-2461 and a packet will be emailed within 10 minutes

Option 2: Dial the voice box at 702-276-2461 and speak ONLY your name & email – a packet will be emailed within 10 minutes

Price:
$385,000
Address:
1406 Albia Rd
Ottumwa, IA 52501
Terms:
For Sale
Property Type:
Apartment

Property Location