318 E Main Street Lamoni, IA 50140

Building Details

Year Built

1978

Listing Agency Power House Exclusive Real Estate Inc. e***@aol.com Show Phone

Listed by Michael Powers · License #***

Source Xome

Added: Apr 28, 2023 Checked: Jul 17 at 2:22 am

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Investment Insights

Based on property information with market context.

This 20-unit apartment building features all one-bedroom units and a laundromat. The property has been remodeled and is in excellent condition. The full commercial laundry includes 6 washing machines and 8 dryers. An office and office elevator are also included. The property is located in Lamoni, Iowa, home to Graceland College. The listing broker is the owner of the property. Owner may consider selling with $400k down and the $300k owner financed at 7 percent only 3 year balloon. Owner must approve AND PRICE SUPER FIRM.

Key Highlights

• 20 remodeled one‑bedroom units in excellent condition
• Full commercial laundry facility with 6 washers and 8 dryers included
• Office and office elevator included

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FAQs

What type of property is this?

Apartment building - 20-unit apartment building with laundromat near Graceland College.

Where is this apartment building located?

The property is located at 318 E Main Street Lamoni, IA.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: 20 remodeled one‑bedroom units in excellent condition; Full commercial laundry facility with 6 washers and 8 dryers included; Office and office elevator included