Description

The KataLYST Team as part of KW Commercial is pleased to market the Leavitt St Apartments located in Waterloo, IA. These 36 units have been completely remodeled and are being offered at 100% accuracy.

Additionally, these units boast assumable Freddie Mac debt with interest only payments until November 2023 and assumable at a rate of 3.76% on a 30-year mortgage!

Details

Address: 1008 Leavitt Street
City & State: Waterloo, IA
Current Price: $2,500,000
Lot Size: 1.0 Acres
Cap Rate: 5.19%
Year Built: 1976

Property Highlights

Sale Price: $2,500,000
Number of Units: 36
Building SF: 28,512
Price / SF: $94.69