Commercial (5+ Units) For Sale

312 Elm, Manning, Iowa 51455

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Property Description

Investment opportunities like this don’t hit the market often! For sale is a very profitable apartment building, located in the thriving community of Manning, Iowa. This apartment building was built in 1994 and is always full. You can start seeing a return in the first month! The need for affordable housing in Carroll County is in demand and this building is an opportunity you will want to take advantage of! The apartment features 5 total units, all have 2 bedrooms, 1 bathroom, and 1 car garage with remote openers. Tenants pay all utilities. Stable long term tenants are currently in place. Current rent roll exceeds $3,000 per month. Vacancies are seldom and fill quickly due to the walkable location of the complex. 1 block to downtown restaurants, shopping, and entertainment. This property is turn-key ready and offers a great ROI! Please contact James Johnston at 712-790-2978 to schedule showings.

Basic Details
Property Type : Commercial (5+ Units)
Listing Type : For Sale
Price : $525,000
Status : Active
Days On Market : 185
Year Built : 1994
Features
Heating System : Geothermal
Water : City Water/Connected
Water/Sewer : City Sewer/connected
Construction
Exterior : Vinyl
Other
Tax Year : 02/13/2024
Fuel Type : Natural gas
Auction YN : 1
Appliances : Range,microwave,dishwasher,refrigerator,washer,dryer
WindowFeatures : Blinds,windowtreatments
Style : Apartment
Address : 312 Elm Street
Status : Active
Municipality : Manning
Insurance Fee : $0
Taxes : $3,206
LA1Agent First Name : Kent
LA1Agent Last Name : Brant
Listing Office Info
Listing ID : 6309411
List Office MLSID : 256
List Agent MLSID : 4836
Community
School District : 3168 - IKM-Manning
Location
Street Number : 312
Street : Elm
Country : US
State : IA
County : Carroll
City : Manning
Zipcode : 51455
Longitude : W96° 56' 1.5''
Latitude : N41° 54' 30.3''
Directions : From HWY 141 turn North on Elm Street. Property is
Commercial (5+ Units) For Sale
  • Listing ID : 6309411
  • Visits : 79 in 300 days
$525,000
Agent info
Matt Karjalahti
RE/MAX Partners Realty
932 Main St., Grinnell, IA 50012
Contact Agent

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