Building Details

Year Built 1976

Listing Agency: GLD Commercial Real Estate Advisors Show Phone

Listed By: Karrie Schultz · License #B63691000 Show Phone

Source: Pinnaclerealtyia

Added: Sep 30 Changed: Oct 1 Last Checked: Oct 1 at 10:22AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GLD Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

This 17-unit apartment building was constructed in 1976 and has a new roof and new siding. Occupancy is 100%, with all apartments currently leased.

The property is located at 1009 Thorndale in Waterloo, Iowa.

Key Highlights

• 17 apartment units
• 100% occupancy
• New roof and siding

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Restaurant Pharmacy Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17

Residential units

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

524

Businesses Nearby

Explore this area Business Placement

Demographics for 50701, IA

29,806

Population

14,530

Households

2.1

Avg Household Size

39

Median Age

30%

College-Educated

95%

High-School Grad

79.1 sq mi

ZIP Area

377

Density / Sq Mi

$62,857

Median Household Income

$41,464

Median Earnings

$846

Median Rent

$183,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - The fully occupied property has a new roof and siding.

Where is this apartment building located?

The property is located at 1009 Thorndale Waterloo, IA.

What is the asking price?

The asking price for this property is $675,000.

What are key features of this property?

This property features: 17 apartment units; 100% occupancy; New roof and siding