Apartment Building

Red Oak, IA Apartment Buildings for Sale

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Stanton, IA Elliott, IA Essex, IA Hastings, IA Villisca, IA Macedonia, IA Clarinda, IA Griswold, IA
Apartment Building with Development Land
Updated: Aug 10
Apartment Building with Development Land

1660 East Summit Street, Red Oak, IA 51566

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25,500 sqft
25,500‑square‑foot apartment building constructed in 1979
R‑4 zoning for dense multifamily housing
Additional land identified for future development
Located within an Opportunity Zone from HUD resources
7% cap rate and 7.9% pro forma cap rate
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Red Oak, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

5-Unit Apartment Property
5-Unit Apartment Property

1416 O Street, Omaha, NE 68107

$390,000

Four apartments occupy the primary residence, with a separate cottage at the rear.

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5-Unit Apartment Building with Cottage
5-Unit Apartment Building with Cottage

1416 O Street, Omaha, NE 68107

$400,000

Separate cottage, basement storage, and coin laundry complement the property's multi-unit residential layout.

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Updated Duplex Apartment Portfolio
Updated Duplex Apartment Portfolio

1406 Mcpherson Avenue, Council Bluffs, IA 51503

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Five duplex buildings offer updated interiors, newer exterior components, and shared laundry amenities on a wooded residential setting.

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Apartment Buildings with Parking Lot
Apartment Buildings with Parking Lot

100 S 1st Street, Council Bluffs, IA 51503

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Residentially zoned multifamily property comprising multiple apartment units, two homes, three lots, and an associated parking area.

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Off-Market Properties in Red Oak, IA

Consider similar Off-Market properties in Red Oak, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

400 Coolbaugh St
Multifamily properties

400 Coolbaugh St, Red Oak, IA 51566

Value Estimation by Request
16,200 sqft
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Red Oak, IA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Red Oak, IA on our real estate platform. These investment opportunities span a total of 25,500 square feet of properties for sale.

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Demographics Overview

Population 7,004
Population Growth (5Y) +7.5%
Median Household Income $58,264
College Educated 12.0%

Taxes & Financing

Tax Rate (average for all types) 3.74%
Property Tax per SF $53.30 per SF
Average Loan-to-Value 65.0%

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