1521 S G Avenue, Nevada, IA 50201

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

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,100,000
Status
ACTIVE
Days on Market
295
MLS#
730729
Subtype
Multi Family
Year Built
1997
Bedrooms
1
Bathrooms
33
Full Baths
33
Living Area
16,594
Lot Size
89,416
Acres
2.05
MLS Area Major
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

Interior Features
See Remarks
Taxes
$19,466
Zoning
MR R3
Appliances
See Remarks
Heating
Natural Gas, See Remarks
Roof
Asphalt, Shingle
Foundation
See Remarks
School District
Nevada

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Guns, Matthew with WB Realty Company

Data courtesy of the Des Moines Area Association of REALTORS