Property Description

Here is the opportunity you have been waiting for! This 15 unit apartment building was constructed in 1994 and has been maintained very well. Each unit is 1 bed – 1 bath and has electric heating/ cooling paid by tenant. The apartments have interior and exterior entrances. The property has updated surveillance and smart locks that can be controlled remotely. Owners replaced the roof in 2021 and updated landscaping in 2023. Other updates include common area and hallway flooring, central fire alarm and emergency lighting. Owners provide water, sewer, garbage, internet, lawn care and snow removal. Coin operated laundry is located in the building. A lit sidewalk borders the building with access to both paved parking lots. A small storage shed is included for maintenance supplies. Lime Springs is a growing community located in Northeast Iowa. There is currently a housing shortage in the area. This property is fully occupied with a waiting list.