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
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
IrregularLot
SeeRemarks
SeeRemarks
NaturalGas, SeeRemarks
Public
PublicSewer
No
VinylSiding
WB Realty Company, Matthew Guns (515.468.3470)
Listed by : RE/MAX PRECISION, MARC LEE (515.988.2568) & RE/MAX PRECISION, AL TRAMONTINA (515.494.2160)