104 1st Avenue #1, Newton, IA 50208

$1

ONLINE ONLY AUCTION – • Online-Only Bidding: register at www.bidheritage.hibid.com • Offering: All 15 condo units as (1) portfolio package • Online Bidding Ends: April 30th at 6:00 PM (CT) The Jewel Condominiums, a second-level multifamily development located directly across from the courthouse. Offering includes 15 deeded condo units (11 one-bedroom, 4 efficiency) Ten units are nearly complete while five units are taken to the studs and ready for finishing. Common areas have been updated, and a new roof was installed in 2025. Property features elevator access, two secured entrances (1st Ave & 1st St), city water/sewer, electric heat, and central A/C. Project is currently vacant, providing flexibility for an investor to complete construction and implement a lease-up or resale strategy. Strong small-market rental demand and walkable downtown location enhance long-term potential. It is highly encouraged that prospective bidders tour the property and conduct their own assessment, prior to bidding. The Property will be open for preview on the following dates. • Saturday, April 11th at 10:00am to 12:00pm (CST) • Saturday, April 25th at 10:00am to 12:00pm (CST) To arrange a private tour of the property, please contact listing agent. All information is believed to be accurate but not guaranteed. Buyers should conduct their own due diligence and personally inspect the property prior to bidding. Property is being offered at auction in “As Is” condition.

Legal: ORIGINAL PLAT LOT 6 & S 44' LOT 5 BLK 15 ALSO KNOWN AS JEWEL CONDO UNIT 1