Active

1559 Ponds Edge Ct # 1672

North Liberty IA, 52317

$3,500,000


Active

4 Baths

Multi-family

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.

202305494

MLS ID

October 19, 2023

Listed

May 9, 2024

Updated

Map

1559 Ponds Edge Ct # 1672
North Liberty IA, 52317

Interior Features

Total Bathrooms

4


Interior Features

Other


Appliances

Dishwasher, RangeOrOven, Refrigerator, Microwave


Laundry Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Features

Two To Five Acres

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

2


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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