Listing Agency: Kesterson Realty Inc j***@gmail.com Show Phone

Listed By: Stephanie Bishop · License #S63299 Show Phone

Source: Exprealty

Added: Sep 28 Changed: Oct 6 Last Checked: Oct 16 at 1:37PM

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Investment Insights

Based on property information with market context.

The five-unit apartment property includes four two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment. Five detached garages provide separate vehicle or storage space. Main-floor laundry and a full basement are also part of the property.

Key Highlights

• Five apartments: four two‑bedroom, one‑bath units and one one‑bedroom, one‑bath unit
• Five detached garages
• Main‑floor laundry

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Real Estate Agency Plumbing Service Storage Facility Pharmacy

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

5

Residential units

Location Intelligence

Trade Area within ½ mile

152

Businesses Nearby

Explore this area Business Placement

Demographics for 50563, IA

2,471

Population

1,388

Households

1.8

Avg Household Size

46

Median Age

31%

College-Educated

96%

High-School Grad

101.4 sq mi

ZIP Area

24

Density / Sq Mi

$78,261

Median Household Income

$45,319

Median Earnings

$648

Median Rent

$156,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Five detached garages accompany a mix of one- and two-bedroom apartments.

Where is this apartment building located?

The property is located at 1122 Main St Manson, IA.

What is the asking price?

The asking price for this property is $329,000.

What are key features of this property?

This property features: Five apartments: four two‑bedroom, one‑bath units and one one‑bedroom, one‑bath unit; Five detached garages; Main‑floor laundry