Country Side | 117 E Walnut St
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Country Side 117 E Walnut St
18 Unit Apartment Building $540,000 ($30,000/Unit) 8.89% Cap Rate Burt, IA 50522
Executive Summary
Address: 117 E Walnut St, Burt, Iowa 50522
Average Unit Rent: $515
Offering Price: $540,000 ($30,000/unit)
Heating: Electric Baseboard
Cap Rate: 8.89%
Cooling: Window AC Units
Number of Units: 18
Water Heater: Common
Unit Mix: 1-Studio; 14-1BR/1BA; 2-2BR/1BA; 1-3BR/1BA
Utilities: Owner pays common area electric, water, sewer, and trash. Tenant pays electric.
Year Built: 1975 & 1982
Laundry: Common Area Coin-Operated
Average Unit Rent: $515
Offering Price: $540,000 ($30,000/unit)
Heating: Electric Baseboard
Cap Rate: 8.89%
Cooling: Window AC Units
Number of Units: 18
Water Heater: Common
Unit Mix: 1-Studio; 14-1BR/1BA; 2-2BR/1BA; 1-3BR/1BA
Utilities: Owner pays common area electric, water, sewer, and trash. Tenant pays electric.
Year Built: 1975 & 1982
Laundry: Common Area Coin-Operated
Property Facts
| Price | $540,000 | Property Subtype | Apartment |
| Price Per Unit | $30,000 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 8.89% | Building Size | 7,942 SF |
| No. Units | 18 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1975 |
| Price | $540,000 |
| Price Per Unit | $30,000 |
| Sale Type | Investment |
| Cap Rate | 8.89% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Building Size | 7,942 SF |
| No. Stories | 1 |
| Year Built | 1975 |
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PROPERTY TAXES
| Parcel Number | 14-24-451-013 | Improvements Assessment | $71,836 |
| Land Assessment | $28,100 | Total Assessment | $99,936 |
PROPERTY TAXES
Parcel Number
14-24-451-013
Land Assessment
$28,100
Improvements Assessment
$71,836
Total Assessment
$99,936
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Country Side | 117 E Walnut St
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