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Turn-Key 22-Unit Apartment Complex

24 N MAPLE ST Colfax, IA 50054

24 N MAPLE ST, Colfax, IA, 50054
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For Sale
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Well-maintained, fully occupied apartment complex with 22 spacious 2-bedroom units and ample parking on nearly an acre.

Property Size7,824 SF
Lot Size0.89 Acres
Price / SF$230.06
Days on Market53

Property Features for 24 N MAPLE ST

General Information

Standard status
Active
Size
7,824 SF
Lot size
0.89 Acres
Property subtype
Multifamily

Building Details

Year Built
1996
Listing agency RE/MAX Precision
Listed by Jason Ring · License #S70174000
Source Crexi
Added: May 31 Updated: Jul 10 at 1:52PM Checked: Jul 17 at 3:47AM

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 RE/MAX Precision


Investment Insights

Based on property information with market context.

This well-maintained, single-owner apartment complex is built in 1996 and includes three separate buildings totaling 7,824 square feet on a 0.89-acre lot. The property contains 22 units, and all units are configured as 2-bedroom, 1-bathroom layouts. The complex is described as turn-key, with practical, comfortable floor plans and a solid, well-built construction profile.

The apartment buildings are located in a convenient Colfax, Iowa area, near downtown, with easy access to local amenities, schools, and major transportation routes. The site also includes ample parking and outdoor space to support everyday resident needs.

For investors or operators seeking an established multifamily asset, the key operational point is that the property is currently reported as 100% occupied. With all units matching the same 2-bedroom, 1-bath configuration, the complex offers a straightforward unit mix across the portfolio within a stable, small-town community setting.

Key Highlights

  • Apartment complex built in 1996 featuring 3 buildings totaling 7,824 SF on a 0.89‑acre lot
  • 22 units with all layouts configured as 2‑bedroom, 1‑bath apartments
  • 100% occupancy reported for the 22 units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

HVAC Service Building Supply (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Storage Facility Hair Salon Cafe & Coffee Shop Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained, fully occupied apartment complex with 22 spacious 2-bedroom units and ample parking on nearly an acre.
Where is this apartment building located?
The property is located at 24 N MAPLE ST Colfax, IA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Apartment complex built in 1996 featuring 3 buildings totaling 7,824 SF on a 0.89‑acre lot; 22 units with all layouts configured as 2‑bedroom, 1‑bath apartments; 100% occupancy reported for the 22 units
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