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309 W Broad St

12 Unit Apartment Building $932,145 CAD ($77,679 CAD/Unit) Mount Pleasant, IA 52641

Executive Summary

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!

Property Facts

Price $932,145 CAD
Price Per Unit $77,679 CAD
Sale Type Investment
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.73 AC
Building Size 10,080 SF
No. Stories 2
Year Built 1977

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 12 $788.74 CAD -

zoning

Zoning Code L - Residential 3+
L - Residential 3+
  • Listing ID: 34354706

  • Date on Market: 2025-01-03

  • Last Updated:

  • Address: 309 W Broad St, Mount Pleasant, IA 52641

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