HUD-Qualifying Multifamily
106 2nd St Bayard, IA 50029
For Sale
Contact for pricing
Four five-unit, one-level buildings with newer roofs and windows, updated interiors, and a maintenance-free brick exterior.
Days on Market104
Property Features for 106 2nd St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency:
Realty ONE Group Impact
(515) 494-9388
Listed By:
Crystal Arguello · License #IA S653305000
Source:
Crexi
Added: Apr 12
Changed: Jul 22
Last Checked: Jul 23 at 10:32AM
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 Realty ONE Group Impact
Investment Insights
Based on property information with market context.
This portfolio includes four five-unit, one-level apartment buildings sold as a package. The properties feature maintenance-free brick exterior construction, with new roofs and new windows installed in 2019. The majority of units have been updated, and there is additional opportunity to update the remaining units as they become available.
The buildings are located a few blocks from each other in Bayard, and all units can be toured once an offer has been accepted. The property is described as HUD qualifying, with tenants paying for electricity and the owner paying for water.
Current 2-bedroom rent is described at $650, with the fair market rental rate and HUD rate stated as $739 for a 2-bedroom unit.
The buildings are located a few blocks from each other in Bayard, and all units can be toured once an offer has been accepted. The property is described as HUD qualifying, with tenants paying for electricity and the owner paying for water.
Current 2-bedroom rent is described at $650, with the fair market rental rate and HUD rate stated as $739 for a 2-bedroom unit.
Key Highlights
- Portfolio package includes four separate 5‑unit, one‑level apartment buildings
- New roofs and new windows installed in 2019, plus maintenance‑free brick exterior
- Most units have been updated, with additional value‑add opportunities as other units become available
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Four five-unit, one-level buildings with newer roofs and windows, updated interiors, and a maintenance-free brick exterior.
Where is this apartment building located?
The property is located at 106 2nd St Bayard, IA.
What are key features of this property?
This property features: Portfolio package includes four separate 5‑unit, one‑level apartment buildings; New roofs and new windows installed in 2019, plus maintenance‑free brick exterior; Most units have been updated, with additional value‑add opportunities as other units become available
