$5,500,000
 $29,525 est/mo Sourced by Back At You

400 13th NW Oelwein Avenue , Oelwein, IA 50662

Oelwein, IA 50662

Share with a friend

Description

Portfolio consists of three properties on separate parcels all within 1.5 miles of each other in the City of Oelwein, Iowa. Otter Creek Cottages consists of 57 units. 56 One-bedroom's & 1- Two bedroom. Coin Laundry is owned and on site at the office building. Clubhouse building consists of office, coin laundry, and community room/kitchenette. Many Units have been remodeled and large CAPX items completed. Each apartment has its own Gas Hot Water Heater. Kitchen includes Fridge and Stove. Rent box on site. The Meadows Apartments is 36 units. 8-One bedroom's, 18-Two bedrooms, and 10-Three bedroom units. Coin Laundry is owned and on each level. The Meadows consists of 2 apartment buildings---A 12-plex which is 2 stories and a 24-plex which is 3 stories. Two Rows of garages---one row that has 10 detached garages & another row that is 5 detached garages. This complex is roughly 1/2 mile from Otter Creek. Meadows has extra Green Space for additional building(apartments/ garages/amenities). Platt Park Apartment Homes consists of 2 buildings with 4 units, each. All are 2 bedroom/1 Bath units. 8 Detached Garages are included in rent currently and there is coin laundry in each building. Please email shana@remaxcentralia.com to electronically sign confidentiality agreement and gain access to the Full Offering Memorandum, and deal center documents.

Details

MLS#715191
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site11
Listing Provided ByRE/MAX Partners Realty | Patrick, Shana

Features

Garage4
Units101
Zoningres
The information is being provided by Des Moines Area Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Des Moines Area Association of REALTORS®. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 4 minutes ago

Contact

Learn More About This Property

StateIA
CountyFayette
CityOelwein
Zip Code50662
AreaOelwein
School DistrictOutside School District
Elementary SchoolOutside School District
Middle SchoolOutside School District
High SchoolOutside School District
Listing VS Median (In 50662)
Price:
$5,500,000
low | high
Med:
$0
On site:
11
low | high
Med:
Sourced by Back At You
Listing Updated: April 18, 2025 at 9:11:46 PM PDT
Real Estate Links Our Domains