General Description
Presenting Grandview Apartments, a prime turnkey investment opportunity in the heart of Sioux City, Iowa. This meticulously maintained four-level apartment building offers a fully leased, income-generating property with 15 one-bedroom units. Each apartment has been recently remodeled with modern finishes and brand-new appliances, making it a hassle-free addition to any investor’s portfolio. Key Features: Turnkey Investment: Fully leased, generating consistent cash flow from Day 1. New Roof: Installed recently, reducing maintenance costs and long-term capital expenditure. Completely Renovated Units: Each unit features contemporary finishes and new appliances, maximizing rental potential and tenant satisfaction. Desirable Location: Centrally located in Sioux City, providing easy access to local amenities, public transportation, and employment centers. Low Vacancy Risk: Strong rental demand in the area, ensuring stable long-term tenancy. Attractive Cap Rate: Positioned for strong returns with the potential for future rent growth. This low-maintenance, high-yield property is perfect for both seasoned investors and those looking to expand their portfolio with a solid, income-producing asset. The combination of recent updates, strong market rents, and full occupancy makes Grandview Apartments a rare find in today’s market. Don’t miss this exceptional investment opportunity! Contact us today for additional details, financials, and to schedule a private showing.
Legal: Calls Summit W 1/2 Lot 7 & EX S 40.7 Ft E 6FT Blk 4
LISTED BY
J & M Real Estate Group Inc., Brandi Jorgensen (605.232.1819)
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This Multi-Unit residence on 301 21st Street (MLS # 826708) is categorized as Multi-Unit Homes for Sale in Sioux City, IA. Available on SarahGalles.com, this Multi-Unit property is priced at $1,100,000 and offers N/A bedrooms, 9000 sqft, and 1 bathrooms. Built in 1905, this property on 301 21st Street provides a unique opportunity for buyers. For detailed market statistics and community insights on 301 21st Street and other properties in Sioux City, contact RE/MAX Lakes Realty, the premier real estate agency in Iowa Great Lakes. Our team is dedicated to helping you explore residential options in and around Sioux City, IA.