Apartment Building
For Sale
Contact for pricing
Pending
1211 Langley Rd, Waterloo, IA 50702
Four apartment buildings totaling 48 units, offered as a package or as individual parcels for sale in Waterloo, IA.
Property SizeContact for details
Days on Market120
Property Features for 1211 Langley Rd
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
48
Listing Agency:
KW Commercial Greater Des Moines
(515) 639-0145
Listed By:
Jared Husmann · License #B63372000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 7 at 5:07AM
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 KW Commercial Greater Des Moines
Investment Insights
Based on property information with market context.
This offering consists of four apartment buildings with a total of 48 units. The property is available for purchase either as a complete package or as individual parcels, depending on the buyer’s objectives.
According to the provided remarks, the current setup includes in-place RUBs and an ownership structure providing 75% billback. The seller also describes opportunities to increase rents by 7.4% with unit upgrades estimated at $10,000 per unit.
The information provided characterizes the investment as having a proven value-add track record, with additional upside still available for new ownership through the upgrade plan and rental increases.
According to the provided remarks, the current setup includes in-place RUBs and an ownership structure providing 75% billback. The seller also describes opportunities to increase rents by 7.4% with unit upgrades estimated at $10,000 per unit.
The information provided characterizes the investment as having a proven value-add track record, with additional upside still available for new ownership through the upgrade plan and rental increases.
Key Highlights
- Four apartment buildings totaling 48 units for sale in Waterloo, IA
- Offered as a package or as individual parcels
- In‑place Rubs with ownership receiving 75% billback
Property Analytics
Current Use
Lease Details
48
Residential units
Location Intelligence
Trade Area within ½ mile
836
Businesses Nearby
Explore this area
Business Placement
Demographics for 50702, IA
20,447
Population
9,722
Households
2.1
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
2,086
Density / Sq Mi
$59,784
Median Household Income
$38,826
Median Earnings
$926
Median Rent
$145,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Four apartment buildings totaling 48 units, offered as a package or as individual parcels for sale in Waterloo, IA.
Where is this apartment building located?
The property is located at 1211 Langley Rd Waterloo, IA.
What are key features of this property?
This property features: Four apartment buildings totaling 48 units for sale in Waterloo, IA; Offered as a package or as individual parcels; In‑place Rubs with ownership receiving 75% billback
