619 Layne Drive
West Burlington, IA 52655
$2,290,000
说明
619 Layne Drive,
West Burlington,
IA
52655
EXCEPTIONAL investment opportunity! Located in the thriving community of West Burlington, Iowa This newly constructed multifamily property features 9 LUXURY 2 bedroom, 2 bath condominium units. Each residence has been meticulously designed to offer the pinnacle of modern living, promising both comfort and elegance. Construction on these stunning units was completed in 2021. The property is currently fully leased. A monthly rent of $2,000 per unit, produces a gross rent of $216,000 annually, underpinned by a solid Net Operating Income (NOI) of $147,815, reflecting a desirable CAP rate of approximately 6.16%. The property boasts low vacancy rates, thanks to its prime location and high-demand luxury accommodations. Professional management is in place and willing to work with new owner. Seller is licensed to sell Real Estate in the State of Iowa.
This is an Active listing.
Broker Office Phone Number: 319-237-1139
Copyright © 2024NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
所有信息均来自被认为可靠的来源，但可能会出现错误、遗漏、价格变化、事先销售或撤回，恕不另行通知。 对任何描述、测量、平方英尺或面积的准确性不作任何陈述，不应以此为依据。 此处的所有信息均应由客户确认。 所有内容的所有权利，包括但不限于照片、视频和其他图形，仅保留给提供此类列表内容的经纪人。 本网站上的所有广告均受《联邦公平住房法》的约束。
© 2022 CityHomes.com
Listing By: Midwest Realty via Data Source: NoCoast MLS
价格记录
| date | price | variance | type |
|---|
| 11/14/2024 | $2,290,000 | 4.58 % | 减少了 |
| 2/21/2024 | $2,400,000 | - | 已上市 |
