Auction: No

Sale: For Sale

Bank Owned?: No

Current Price: $1,400,000

Status: Closed

Listing Date: 2023-06-17

Sold Price: $1,400,000

# Sleeping Rooms: None

# Effic Studios: One

# of 1 BR Units: Five +

# of 2 BR Units: None

Lot Size: 23680

# of 3+ BR Units: None

# of Full Baths: 9+

# of 1/2 Baths: None

Garage: None

Parking: 21 or more

Type of Property: Apartment Building

Year Built: 1966

Number of Units: 20

Tot Fnshd SF: 14820

Located City/County: City

Elementary School: Hoover

Jr. High: Gerald W Kirn

High School: Abraham Lincoln

School District: Council Bluffs

Legal: A S ORIGINAL PLAT COMM NW COR LT 11 E47.81' SLY 83.84' TO W/L LT 11 N83' TO POB AND LTS 1, 2, AND 3 EXC STATE

Parcel No.: 7544 25 482 002

Current REIDS Yr Pd: N/A

Area: Area 7

House #: 35

Street Direction Pfx: N

Street Name: 1ST

Street Suffix: Street

State/Province: IA

County: POTTAWATTAMIE

Zip Code: 51503

Net Taxes: 19680

Tax Year: 2021

Type Of Financing: Owner Finance

Status Change Date: 2023-06-30

Under Contract Date: 2023-06-17

Sold Date: 2023-06-30

Sold Price: $1,400,000

Other - See Remarks: 1

Negotiable: 1

Vacncy & Credit Loss: 6539

Utilities: 18400

Concrete Block: 1

Frame: 1

Composition: 1

Contract: 1

Dryer - Coin: 1

Refrigerator: 1

Washer - Coin: 1

Owner Oper Stmnt: 1

24 Hour Notice: 1

3 or More: 1

Common Util Room: 1

Decks: 1

City Inspected: 1

Assumable: N

Gross Taxes: 19680

None: 1

Electric: 1

Garbage: 1

Gas: 1

Water: 1

Central Air: 1

Forced Air: 1

Natural Gas: 1

Sold Status: Sold Inner Office

REIDS Inc Sale Prc: No

Sale Price Incl Lot: Yes

Interest Rate: 6.5

New Loan Amount: 1225000

I own the photos or have the right to use.: Yes

Annual Gross Income: 163464

Net Operating Income: 89360