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51106, IA Sioux City, 515-525 COLLEGE ST S

$960,000

  • MLS# 833617
  • Bedrooms N/A
  • Bathrooms 1
  • Total Sq.ft 6,526
  • Property Type Multi-Unit
  • Year Built 1976

Property Description

12-unit multifamily investment offered at $960,000 ($80,000/unit), generating $66,748 in NOI. The property is 100% occupied. Built in 1976 across two stories, the unit mix includes four 2BR/1BA and eight 1BR/1BA units, with 7 of 12 already updated, leaving the remaining five as a clear value-add runway for a new owner. Amenities include ample on-site parking, washer/dryer hookups, and central air. Located in a stable South Side Sioux City submarket with strong long-term tenant demand. Contact listing agents for the full offering memorandum and financials.

Legal: CB RUSTIN & CO S 241 FT E 166 FT EX N 186 FT S 191 FT E 83 FT BLK 31
Active

Property Information

  • 833617
  • $960,000
  • 515-525 S COLLEGE ST
  • Mside North
  • Sioux City
  • Woodbury
  • IA
  • Sale
  • Multi-Unit
  • 6526
  • 2
  • 1976
  • 1
  • 51106
  • 36

LISTED BY

Gateway Real Estate Advisors, Nic Madsen (712.540.6562) & Gateway Real Estate Advisors, Emmaily Kurth (712.541.9810)

Property Location

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Request Info For MLS #833617

Rachel Carlson - REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Rachel Carlson

REALTOR/OWNER, Pricing Strategy Advisor (PSA)

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