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Attention Investors Great opportunity to own this affordable Commercial/Multi-Residencecomplex in fast growing Shenandoah, Iowa. This property is located in Page County (Shenandoah), Iowa

Shenandoah ROI Property

Page County, IA · 0.28 +/- AC · $223,000

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All boundary lines noted in pictures, aerials or maps should be considered estimates and not relied on as legal documents or descriptions.

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Shenandoah ROI Property in Page County, IA

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Shenandoah ROI Property

 

Page County, Iowa
0.28 +/- Acres
$223,000

Parcel #/ID:  051915870000

"Attention Investors"

Great opportunity to own this affordable "Commercial/Multi-Residence"complex in fast growing Shenandoah, Iowa. The building contains 4,080 square feet of gross space. The lower level contains office space featuring a waiting room, receptionist area, offices, exam room, and bathroom.

The upper area includes 2 fully furnished apartments. The North unit is 2 BR and BA and South unit features 1BR and Bath.

This is an excellent well-maintained building with positive cash flow.

Please call Pete Ryerson for your personal showing.

402-960-5506

Estimated Acres:

.28 +/- acres Commercial/Multi-Residence

Residence:

  • Multi-Family
  • 2,040 +/- sqft
  • 3BD/2BA
  • Built in 1974

Legal Description: Download Legal Description

Property Highlights:

  • Excellent building in great location of town.

  • Located in fast and growing area of Shenandoah.

  • Large parking lot.

  • Established positive cash flow,

  • All appliances provided

  • Convenient access to Highway 59

  • Excellent Shenandoah School System K-12.

  • Lower level could possible be converted to additional rental apartments.

  • City utilities provided

  • New roof and gutters

  • Recently appraised. Selling for less then appraised value for quick sale.

  • Hard to find investment with so much to offer.

  • A rare investment opportunity with unlimited potential uses.

Estimated Income: (Call Agent for Details)

Other Lease Income: $23,700

TOTAL ESTIMATED INCOME: $23,700

Taxes:  $4,534/year (2017)

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