309 W Broad Street, Mount Pleasant, Iowa 52641

IA, Mount Pleasant
$650,000
  • 0.73 Acre
  • Commercial Sale Property Type
  • 1977 Year Built
  • Pending Status
Property Description

12-Unit Apartment Complex – A Turnkey Investment Opportunity! This well-maintained 12-unit apartment complex is a rare find for investors seeking a property that offers both stability and appeal. Each of the 12 spacious units boasts 2 bedrooms and 1 bathroom, providing an ideal living arrangement for any tenant. Tenants will appreciate the convenience of private, paved parking. The building’s metal roofs ensure durability and low maintenance, while the clean, well-kept condition of the units reflects pride of ownership. Tenants are responsible for electricity, giving them control over their usage, while the owner covers water and trash expenses—an attractive setup for prospective renters. Whether you’re expanding your portfolio or looking for a solid investment, this apartment building has provided consistent income for the current owner. Don’t miss out on this opportunity to own a turnkey property with excellent tenant retention and long-term appeal. Contact your favorite real estate agent to schedule your private showing!

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6323932
  • Price: $650,000
  • Year Built: 1977
  • Lot Area: 0.73 Acre
  • Status: Pending
  • Office Name: Southeast Iowa Realty Inc
  • Roof: Metal
Features
  • Heating System Other
  • Cooling System Window Unit(s)
  • Parking Paved Lot
  • Architectural Style Apartment
  • Sewer City Sewer/Connected
  • Utilities Heating Separate
Address Map
  • Country US
  • State IA
  • County Henry
  • City Mount Pleasant
  • Zipcode 52641
  • Street: Broad
  • Street Number: 309
  • Street Suffix: Street
  • Longitude: W92° 26' 40.3''
  • Latitude: N40° 58' 30.7''
  • Directions: From N. Broadway, west on Broad
  • Street Dir Prefix: W
Additional Information
  • Accessibility Features: None
  • Association Amenities: Coin-op Laundry Leased
  • Current Use: Residential
  • Lot Size Dimensions: 185x156
  • Number Of Units Total: 12
  • Possible Use: Income,Other
  • Previous Price: 650000
  • Water Source: City Water/Connected
Financial
  • Tax Annual Amount: 7636
Map
Contact Agent
AJ Brown
A.J. Brown
Land & Farm Realtor
Phone: 641-680-9944
Fax: 641-664-3520

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