209 S 4th St
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209 S 4th St
11 Unit Apartment Building For Sale Council Bluffs, IA 51503
Executive Summary
BARON is pleased to offer a rare investment opportunity in the heart of downtown Council Bluffs, IA—the CB Undecuplex, an 11-unit multifamily property located at 209 S 4th Street. Named “Undecuplex” to reflect its unique configuration of 11 units, this asset offers significant value-add potential for investors looking to modernize and reposition the property within the rapidly expanding Council Bluffs-Omaha Metro area.
The CB Undecuplex boasts a prime location just south of the bustling 100 Block entertainment corridor and a short distance from Bayliss Park and the Haymarket Square district, giving residents easy access to a variety of restaurants, bars, retail shops, and employment opportunities. This is a strategic opportunity to invest in a well-located property with ample upside in a thriving market.
The CB Undecuplex boasts a prime location just south of the bustling 100 Block entertainment corridor and a short distance from Bayliss Park and the Haymarket Square district, giving residents easy access to a variety of restaurants, bars, retail shops, and employment opportunities. This is a strategic opportunity to invest in a well-located property with ample upside in a thriving market.
Property Facts
Sale Type | Investment | Building Size | 6,612 SF |
No. Units | 11 | Average Occupancy | 100% |
Property Type | Multifamily | No. Stories | 3 |
Property Subtype | Apartment | Year Built | 1920 |
Apartment Style | Low Rise | Parking Ratio | 0.76/1,000 SF |
Building Class | C | Opportunity Zone |
Yes
|
Lot Size | 0.12 AC |
Sale Type | Investment |
No. Units | 11 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.12 AC |
Building Size | 6,612 SF |
Average Occupancy | 100% |
No. Stories | 3 |
Year Built | 1920 |
Parking Ratio | 0.76/1,000 SF |
Opportunity Zone |
Yes |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 11 | $595.00 | 301 - 400 |
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Walk Score ®
Very Walkable (86)
PROPERTY TAXES
Parcel Number | 7544-36-209-006 | Improvements Assessment | $298,000 |
Land Assessment | $16,600 | Total Assessment | $314,600 |
PROPERTY TAXES
Parcel Number
7544-36-209-006
Land Assessment
$16,600
Improvements Assessment
$298,000
Total Assessment
$314,600
zoning
Zoning Code | A-P (Administrative Professional District) |
A-P (Administrative Professional District) |
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209 S 4th St
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