Active
1559 Ponds Edge Ct # 1672
North Liberty IA, 52317
$3,500,000
Active
Residential
Built in 2003
Perfect investment for a builder or developer. The property for sale is 9 condominium rental homes and 27 undeveloped condo lots. Two condo buildings are built and there is a potential to build four more condo buildings. Existing condo units rent at approximately $2,000/month, see attached Proforma and Rent Roll. Approximately $2,250,000 for the 9 condo units ($250,000/unit) and $1,250,000 for the 27 condo lots ($46,300/lot). To be sold as a package. Brochure attached.
202305493
MLSⓇ ID
October 19, 2023
Listed
May 9, 2024
Updated
Map
1559 Ponds Edge Ct # 1672
North Liberty IA, 52317
Interior Features
Interior Features
Other
Appliances
None
Laundry Description
Other
Fireplace
Yes
Fireplace Description
None
Cooling
No
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
4 Acres
Exterior Features
Other
Lot Features
Two To Five Acres
Architectual Style
TwoStories
School Information
High School
ClearCreek
Elementary School
ClearCreek
Other Property Details
Taxes
$30,870
Tax Frequency
Annually
Association Fee Frequency
Yearly
Garage
No
Parking
None
Parking Total
0
View
No
County
Johnson
Pool
No
Zoning
RM-8
Courtesy of Skogman Realty Co., ,
Listing Contact: 319-331-0409
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Jill Armstrong Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Iowa City Area Association of REALTORS (ICAAR). All rights reserved.