$3,600,000

302 2nd St

Coralville IA, 52241

Description

22 Apartments and 5 leased commercial suites at 302/304/310/302.5/301 2nd Street. Apartments are 8-efficiency apartments, 8-one bedrooms, and 9 two bedrooms. The total income is $350,347, expenses are $141,374 and the NOI is $208,882 yielding a 5.8% CAP rate at current rents. A-1 Uniform, Quality Care, Eyebrow Threading, Taxes Plus and Earthview Environmental are the commercial tenants. Covered parking is available in the rear as is access to 1st Street for easy in and out.

Details

MLS#202006517
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1995
Days On Site72

Features

SQ Feet60,750
Story(s)1
ZoningC2

Market Activity 52241

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Area Information
StateIA
CountyJohnson
CityCoralville
Zip Code52241
AreaCoralville
Listing VS Median (in 52241)
Price:
$3,600,000
low | high
Med:
$159,900
100% of Average
SqFt:
60,750
low | high
Med:
858
100% of Average
$ / SqFt:
$59
low | high
Med:
$186
100% of Average
On Site:
72
low | high
Med:
7
100% of Average
Listing Updated: January 15, 2021 8:00:39 PM PST
Jeff Edberg LogoMLS Number: 202006517
Listing Provided By:
Jeff Edberg  of  Lepic-Kroeger REALTORS
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Iowa City Area Association of Realtors