$3,500,000
4 Acre Lot

1559 Ponds Edge Ct # 1672, NorthLiberty, Iowa 52317

  • Residential Property Type
  • None Cars Garage
  • 2003 Year Built
Property Description

Perfect investment for a builder or developer. The property for sale is 9 condominium rental homes and 27 undeveloped condo lots. Two condo buildings are built and there is a potential to build four more condo buildings. Existing condo units rent at approximately $2,000/month, see attached Proforma and Rent Roll. Approximately $2,250,000 for the 9 condo units ($250,000/unit) and $1,250,000 for the 27 condo lots ($46,300/lot). To be sold as a package. Brochure attached.

Basic Details
Residential
For Sale
202305493
$3,500,000
2003
4 Acre
Skogman Realty Co.
Active
IncomeInvestment
Features
: None
: None
: None
: CitySewer, CityWater
: TwoStories
: Other
: Other
: Other
Appliances
: None
Address Map
US
IA
Johnson
Northliberty
52317
Ponds Edge Ct # 1672
1559
W92° 22' 49.3''
N41° 45' 52.4''
RM-8
240th Street NE to Jones Blvd to Ponds Edge Court.
Neighborhood
ClearCreek
ClearCreek
ClearCreek
Additional Information
: Other
: Other, Unknown
: TwoToFiveAcres
4.0
Financial
Annually
: None
30870.0
Listing Information
ISCR
SeeOtherRemarks
Active
2024-08-14T00:13:23Z
ICAAR
: Standard
2023-10-26T04:00:00Z
Agent info
Contact Agent