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Senior Housing Apartment Community
For Sale
$3,200,000

315 Walnut St, Waterloo, IA 50703

Well-maintained 93-unit senior housing community in downtown Waterloo, Iowa.

Property SizeContact for details
Days on Market192

Property Features for 315 Walnut St

General Information

Standard status Active
Property subtype Multi-Family
Zoning R-3
Lease Term Other

Additional Details

Multifamily Units 93

Taxes and HOA fees

Annual Taxes $61,285

Amenities

Brick/Mortar
Laundry Room
Public
242 x 215 x 325
1.16
On Street,None
Hard Surface Road

Building Details

Year Built 1922
Listing Agency: GLD COMMERCIAL
Listed By: Cole Breitbach
Source: Pinnaclerealtyia
Added: Feb 27 Changed: Sep 6 Last Checked: Sep 7 at 5:42AM

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 GLD COMMERCIAL

Investment Insights

Based on property information with market context.

This for-sale senior housing apartment community offers 93 units within a well-maintained property. The offering includes a Walnut Court senior housing pro-forma available for review.

Located in the heart of downtown Waterloo, Iowa, the community is positioned within the central business area.

The property is presented as a stabilized asset with a strong history of occupancy and consistent cash flow.

Key Highlights

  • 93‑unit senior housing community in downtown Waterloo, Iowa
  • Well‑maintained apartment community
  • Year built: 1922

Property Analytics

Current Use

Walnut Court Apartments Apartment Building

Suggested Use

Top Pick Electrical Service Locksmith Catering Service Home Appliance Store Butcher Acupuncture

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

93
Residential units

Location Intelligence

Trade Area within ½ mile

993
Businesses Nearby
Under-served
Demand for This Use

Demographics for 50703, IA

18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Senior housing / Retirement Home - Well-maintained 93-unit senior housing community in downtown Waterloo, Iowa.
Where is this senior housing / retirement home located?
The property is located at 315 Walnut St Waterloo, IA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 93‑unit senior housing community in downtown Waterloo, Iowa; Well‑maintained apartment community; Year built: 1922
More about this property
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