Leavitt Apartments

 


 

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!

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

Documents:

Investment Pro-Forma September P&L Rent Roll 9/30/22 Assignment of Management Agreement Certificate of Borrower Compliance Agreement Asbestos Compliance Agreement Lead Based Paint
Compliance Agreement Mold Environmental Indemnity Agreement Form W-9 Guaranty Loan Agreement Note Security Instrument
UCC Offering Memorandum