1521 S G Avenue

Nevada Living Apartments presents a strong, turnkey investment opportunity in the heart of Nevada, IA. This fully stabilized, recently renovated 33-unit complex features efficient studio apartments, each with its own, newly renovated, kitchen. An on-site laundry room with coin-operated machines provides additional revenue, while a spacious 2-bedroom manager’s apartment allows for convenient, built-in oversight or added rental income. A utility monitoring system has also been installed to maximize cost efficiency. With modern updates, reliable occupancy, and multiple income streams, this property offers long-term stability in a growing community. Broker has a financial interest.

Legal: SOUTH G AVENUE BUSINESS PARK 1ST ADD LOT 1 EX PARCEL C SLIDE 348 PG 1

Status: Active

Property Information

730729

$2,100,000

Sale

MultiFamily

1521 S G Avenue

Nevada

Story

IA

50201

1

16594

33

33

CrawlSpace

16594

89416

Nevada

19466

2024

1997

Nevada

Features

IrregularLot

SeeRemarks

SeeRemarks

Utilities

NaturalGas, SeeRemarks

Public

PublicSewer

No

Miscellaneous

VinylSiding

Listed By

WB Realty Company, Matthew Guns (515.468.3470)

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Listed by : RE/MAX PRECISION, MARC LEE (515.988.2568) & RE/MAX PRECISION, AL TRAMONTINA (515.494.2160)

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