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1521 S G Avenue, Nevada, IA 50201

$2,100,000

  • MLS# 730729
  • Bedrooms 1
  • Bathrooms 32
  • Total Sq.ft 16,594
  • Property Type Multi-Family
  • Basement CrawlSpace
  • Year Built 1997

Property Description

Nevada Living Apartments presents a strong, turnkey investment opportunity in the heart of Nevada, IA. This fully stabilized, recently renovated 32-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.

Legal: SOUTH G AVENUE BUSINESS PARK 1ST ADD LOT 1 EX PARCEL C SLIDE 348 PG 1
Active

Property Information

730729 $2,100,000 Sale MultiFamily 1521 S G Avenue Nevada Story IA 50201 1 16594 32 32 CrawlSpace 16594 89416 Nevada 19466 2024 1997 Nevada

Features

IrregularLot SeeRemarks SeeRemarks

Utilities

NaturalGas, SeeRemarks Public PublicSewer No

Miscellaneous

VinylSiding

LISTED BY

WB Realty Company, Matthew Guns (515.468.3470)

Property Location

Request Info For MLS #730729

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