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.

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