24-Unit Apartment
For Sale
Contact for pricing
Pending
1605 Collins St, Webster City, IA 50595
Multifamily property with one- and two-bedroom units, with updates completed in 23 of the 24 apartments.
Property Size6,120 SF
Days on Market151
Property Features for 1605 Collins St
General Information
Standard status
Pending
Size
6,120 SF
Property subtype
Multifamily
Investment Type
Value Add
Property Condition
Severity
Repairs Needed
Evidence
update final unit
Units
Unit Mix
16 x 2bd 1ba, 8 x 1bd 1ba
Multifamily Units
24
Building Details
Year Built
1989
Units
24
Tenancy
Multi
Listing Agency:
NAI Iowa Realty Commercial - Des Moines
Listed By:
Dan Dempsey · License #IA S70567000
Source:
Crexi
Added: Apr 3
Changed: Aug 31
Last Checked: Aug 31 at 2:58AM
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 NAI Iowa Realty Commercial - Des Moines
Investment Insights
Based on property information with market context.
Built in 1989, this apartment property contains 24 units arranged as 16 two-bedroom, one-bath apartments and 8 one-bedroom, one-bath apartments. Updates have been completed in 23 of the 24 units, leaving one apartment for a prospective final improvement project.
The property is located south of Webster City High School. The offering also includes an opportunity to introduce RUBS or utility bill-back procedures, as identified in the property information.
The property is located south of Webster City High School. The offering also includes an opportunity to introduce RUBS or utility bill-back procedures, as identified in the property information.
Key Highlights
- 24‑unit apartment property built in 1989
- Unit mix includes 16 2bd 1ba apartments and 8 1bd 1ba apartments
- 23/24 units have been updated
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
Demographics for 50595, IA
8,887
Population
4,170
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
91%
High-School Grad
153.5 sq mi
ZIP Area
58
Density / Sq Mi
$71,182
Median Household Income
$46,587
Median Earnings
$877
Median Rent
$129,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with one- and two-bedroom units, with updates completed in 23 of the 24 apartments.
Where is this apartment building located?
The property is located at 1605 Collins St Webster City, IA.
What is the asking price?
The asking price for this property is $1,385,000.
What are key features of this property?
This property features: 24‑unit apartment property built in 1989; Unit mix includes 16 2bd 1ba apartments and 8 1bd 1ba apartments; 23/24 units have been updated
