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Washington Court Apartments 120 N 6th St

29 Unit Apartment Building $2,150,000 ($74,138/Unit) Council Bluffs, IA 51503

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Investment Highlights

Renovated units
Controlled building access

Easy access to commute

Executive Summary

Keller Williams Greater Omaha is pleased to offer this 29 unit apartment complex that has been fully renovated inside and out. Just a short 5 minute walk to the Council Bluffs Historic 100 Block, Bayliss Park and Haymarket Square District! Residents have easy access to a variety of gentrified restaurants, craft bars and boutique shops. Both buildings underwent a complete renovation in 2023 and 2024 including: new solid wood shaker cabinets, high end quartz countertops, new stainless appliances, refinished original hardwood floors, subway tile bathrooms, new lighting, new electrical fixtures, new plumbing fixtures, new HVAC and high end landscaping. New roof and gutters to be installed prior to closing. Ample parking is available for all residents. Close to all the great amenities that Council Bluffs offers and a short drive to Omaha for the daily commute or weekend activities.

Property Facts

Price	$2,150,000	Lot Size	0.29 AC
Price Per Unit	$74,138	Building Size	21,304 SF
Sale Type	Investment	Average Occupancy	83%
No. Units	29	No. Stories	2
Property Type	Multifamily	Year Built/Renovated	1920/2023
Property Subtype	Apartment	Parking Ratio	1.93/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	$2,150,000
Price Per Unit	$74,138
Sale Type	Investment
No. Units	29
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.29 AC
Building Size	21,304 SF
Average Occupancy	83%
No. Stories	2
Year Built/Renovated	1920/2023
Parking Ratio	1.93/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.