1521 S G Avenue, Nevada, IA 50201

$2,100,000
1
BD
33
BA
16,594
SqFt

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List Price
$2,100,000
Status
ACTIVE
MLS#
730729
Year Built
1997
Bedrooms
1
Bathrooms
33
Living Area
16,594
Lot Size
89,416
Region
Nevada

Property Description

Nevada Living Apartments presents a strong, turnkey investment opportunity in the heart of Nevada, IA. This fully stabilized, recently renovated 33-unit complex features efficient studio apartments, each with its own, newly renovated, kitchen. An on-site laundry room with coin-operated machines provides additional revenue, while a spacious 2-bedroom manager’s apartment allows for convenient, built-in oversight or added rental income. A utility monitoring system has also been installed to maximize cost efficiency. With modern updates, reliable occupancy, and multiple income streams, this property offers long-term stability in a growing community. Broker has a financial interest.

Additional Information

Street Name
S G Avenue
Agent Id
13900
Water
Public
Sewer
Public Sewer
Basement
Crawl Space
Foundation
See Remarks
Roof
Asphalt, Shingle
Zip
50201
Region
Nevada
City
Nevada
Acres
2.05
School District
Nevada
Zoning
MR R3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of WB Realty Company.

Data courtesy of the Des Moines Area Association of REALTORS