Apartment Building

Red Oak, IA Apartment Buildings for Sale

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Emerson, IA Elliott, IA Essex, IA Macedonia, IA Clarinda, IA Griswold, IA Shenandoah, IA Carson, IA
Apartment Building with Development Land
Updated: Aug 10
Apartment Building with Development Land

1660 East Summit Street, Red Oak, IA 51566

Contact for pricing
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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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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 Building
5-Unit Apartment Building

1416 O St, Omaha, NE 68107

$380,000
2,500 sqft

Five-unit property with a separate cottage, coin laundry, storage, and off-street parking.

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15-Unit Apartment Building
15-Unit Apartment Building

409 E 9th Street, Malvern, IA 51551

$2,900,000
17 sqft 1.71 AC lot

Separate HVAC, electrical panels, and on-demand water heaters serve the individual residences.

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Renovated Six-Unit Apartment Building
Renovated Six-Unit Apartment Building

2638 S 3rd Street Plz, Omaha, NE 68108

$1,050,000

Fully renovated multifamily property with all units occupied and access to Omaha’s Old Market and downtown.

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5-Unit Brick Apartment Building
5-Unit Brick Apartment Building

301 S Elm Street, Shenandoah, IA 51601

$229,000

Five rental units are supported by forced-air heating, air conditioning, and public water service.

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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

Estimated value: 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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