Commercial Sale For Sale

309 Broad Street, Mount Pleasant, Iowa 52641

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Property Description

12-Unit Apartment Complex – A Turnkey Investment Opportunity! This well-maintained 12-unit apartment complex is a rare find for investors seeking a property that offers both stability and appeal. Each of the 12 spacious units boasts 2 bedrooms and 1 bathroom, providing an ideal living arrangement for any tenant. Tenants will appreciate the convenience of private, paved parking. The building’s metal roofs ensure durability and low maintenance, while the clean, well-kept condition of the units reflects pride of ownership. Tenants are responsible for electricity, giving them control over their usage, while the owner covers water and trash expenses—an attractive setup for prospective renters. Whether you’re expanding your portfolio or looking for a solid investment, this apartment building has provided consistent income for the current owner. Don’t miss out on this opportunity to own a turnkey property with excellent tenant retention and long-term appeal. Contact your favorite real estate agent to schedule your private showing!

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Price : $650,000
Status : Pending
Days On Market : 13
Year Built : 1977
Lot Area : 0.73 Acre
Features
Heating System : Other
Cooling System : Window Unit(s)
Water/Sewer : City Sewer/connected
Construction
Roof Deck : Metal
Style : Apartment
Other
AssociationAmenities : Coin-op Laundry Leased
ParkingFeatures : Paved Lot
LotSizeSquareFeet : 31,798.80 Sqft
TaxAnnualAmount : $7,636
Utilities : Heating Separate
Insurance Fee : $0
Taxes : $0
Listing Office Info
Listing ID : 6323932
List Office MLSID : 1000212
List Office Name : Southeast Iowa Realty Inc
List Agent Email : kevin.dameron@southeastiowarealty.com
List Agent MLSID : 222408
Location
Street Number : 309
Street Suffix : Street
Street : Broad
Country : US
State : IA
County : Henry
City : Mount Pleasant
Zipcode : 52641
Longitude : W92° 26' 40.3''
Latitude : N40° 58' 30.7''
Parcel Number : 420080437901300
StreetDirPrefix : W
Directions : From N. Broadway, west on Broad
Commercial Sale For Sale
  • Listing ID : 6323932
  • Lot Area : 0.73 Acre
  • Visits : 34 in 33 days
$650,000
Agent info
Matt Karjalahti
RE/MAX Partners Realty
932 Main St., Grinnell, IA 50012
Contact Agent

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