110 4th Street SE Spencer, IA 51301

Listing agency Integrity Real Estate n***@integrityiowa.com Show Phone

Listed by Nick Steffes · License #IA B44022000

Source Crexi

Added: Apr 11 Updated: Jul 21 at 1:11AM Checked: Jul 21 at 1:11AM

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Investment Insights

Based on property information with market context.

This 68-unit apartment building is constructed with a well-built concrete structure. Units are individually metered for electric and heated, and all units include air conditioning. The building includes a mix of two-bedroom, one-bedroom, and one penthouse unit with three bedrooms and three baths. Updates include newer windows and updated hallways.

The property provides ample exterior paved parking. A 36-car parking structure is adjacent to the building, supporting tenant parking needs.

The unit mix is 40 two-bedroom units, 27 one-bedroom units, and one penthouse unit.

Key Highlights

• 68‑unit multifamily building with a well‑built concrete structure
• Individually metered electric and all units have A/C; individually metered and heated
• Unit mix includes 40 two‑bedroom units, 27 one‑bedroom units, and 1 penthouse with 3 beds/3 baths

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FAQs

What type of property is this?

Apartment building - Well-built concrete multifamily with individually metered electric and A/C in all units.

Where is this apartment building located?

The property is located at 110 4th Street SE Spencer, IA.

What are key features of this property?

This property features: 68‑unit multifamily building with a well‑built concrete structure; Individually metered electric and all units have A/C; individually metered and heated; Unit mix includes 40 two‑bedroom units, 27 one‑bedroom units, and 1 penthouse with 3 beds/3 baths