1100 Arthur St Iowa City, IA 52240

Building Details

Year Built

1962

Listing office Lepic-Kroeger, REALTORS

Listing date Mar 3, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

This is a 100-unit cooperative project with all units currently leased. The unit mix includes 66 one-bedroom units, each with 575 square feet, and 34 two-bedroom units, each with 800 square feet. The building features a quadrangle style with a grassy area in the middle. Additional income is generated from separate laundry rooms, and tenants have access to storage units in two basement areas. The property is situated on a 3.765-acre parcel and includes approximately 100 parking spaces. Bus service is conveniently located nearby, providing easy access to banking, shopping, schools, and parks. The property is directly across Arthur Street from the new Johnson County Neighborhood Center, which will offer a daycare, community center, classrooms, a computer lab, bikes for loan, a playground, and a center for community activities. As a cooperative property, each unit has the potential to be sold individually.

Key Highlights

• Potential for individual unit sales as a cooperative property.
• High occupancy rate with all 100 units currently leased.
• Proximity to the new Johnson County Neighborhood Center offering daycare, community activities, and resources.

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FAQs

What type of property is this?

Apartment building - 100-unit cooperative project with units leased, great investment opportunity.

Where is this apartment building located?

The property is located at 1100 Arthur St Iowa City, IA.

What is the asking price?

The asking price for this property is $7,350,000.

What are key features of this property?

This property features: Potential for individual unit sales as a cooperative property.; High occupancy rate with all 100 units currently leased.; Proximity to the new Johnson County Neighborhood Center offering daycare, community activities, and resources.