This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

941 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

1204 SE Poplar St 1204 SE Poplar St

3 Unit Apartment Building $255,960 CAD ($85,320 CAD/Unit) 6.75% Cap Rate Leon, IA 50144

Apartment Buildings Iowa Leon 1204 SE Poplar St, Leon, IA 50144

Executive Summary

100% occupied
Excellent cash fl ow
Value add opportunity
Recent capital improvements
Quiet residential neighborhood

Attachments

1204 SE Poplar St Brochure

Financial Summary (Actual - 2021) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2021) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $255,960 CAD Building Class C
Price Per Unit $85,320 CAD Lot Size 0.24 AC
Sale Type Investment Building Size 1,950 SF
Cap Rate 6.75% Average Occupancy 100%
Gross Rent Multiplier 5.7 No. Stories 2
No. Units 3 Year Built 1970
Property Type Multifamily Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype Apartment
Price $255,960 CAD
Price Per Unit $85,320 CAD
Sale Type Investment
Cap Rate 6.75%
Gross Rent Multiplier 5.7
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.24 AC
Building Size 1,950 SF
Average Occupancy 100%
No. Stories 2
Year Built 1970
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 - -
1+1 3 - -
1 of 1

PROPERTY TAXES

Parcel Number 0733309002 Total Assessment $144,386 CAD (2023)
Land Assessment $4,299 CAD (2023) Annual Taxes -$1 CAD ($0.00 CAD/SF)
Improvements Assessment $140,087 CAD (2023) Tax Year 2021

PROPERTY TAXES

Parcel Number
0733309002
Land Assessment
$4,299 CAD (2023)
Improvements Assessment
$140,087 CAD (2023)
Total Assessment
$144,386 CAD (2023)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2021
(515) 460-0624

Contact

  • Listing ID: 26147148

  • Date on Market: 2022-07-12

  • Last Updated:

  • Address: 1204 SE Poplar St, Leon, IA 50144

1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/2
1204 SE Poplar St, Leon, IA for sale Primary Photo- Image 1 of 2
20220629_095026

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

1204 SE Poplar St | 1204 SE Poplar St
(515) 460-0624 x

1204 SE Poplar St | 1204 SE Poplar St

Keith Olson

(515) 460-0624

(515) 460-0624

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link