543 Mill St Council Bluffs, IA 51503
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Prime 6-unit apartment building, fully renovated.
Property Features for 543 Mill St
General Information
- Property type
- Multifamily properties
- Class
- A
Building Details
- Year Renovated
- 2024
- Buildings
- 1
- Stories
- 2
- Units
- 6
Listing Agency: SPR Group - REAL Brokerage Listing Agent: Alan D Strong
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional Class A, stabilized multifamily investment property located at 543 Mill St, Council Bluffs, IA 51503, presents a compelling opportunity. The property, a two-story building, comprises six units, each boasting a recently renovated interior. The complete renovation in 2024 included brand new electrical, plumbing, and HVAC systems, ensuring minimal maintenance and long-term cost efficiency. The 100% occupancy rate speaks to the desirability of the units, which are designed to appeal to discerning tenants. A new water line has been installed, eliminating potential future infrastructure concerns. The property also features coin-operated laundry facilities, adding convenience for residents and generating additional income. Situated in a prime downtown location, this investment aligns perfectly with Council Bluffs' ongoing growth and development. The asking price is $490,000, representing a price per unit of $81,666.67. This represents a strong value proposition for investors seeking a hassle-free, high-return investment in a thriving Iowa market. The property's modern amenities and strategic location promise consistent rental income and significant equity potential. This is a turnkey opportunity not to be missed.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Council Bluffs
- County
- Pottawattamie
- State
- Iowa
- Longitude
- -95.8507527
- Latitude
- 41.2636774
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FAQs
What type of property is this?
Multifamily property - Prime 6-unit apartment building, fully renovated.
Where is this multifamily property located?
The property is located at 543 Mill St Council Bluffs, IA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Class A, six-unit multifamily property in Council Bluffs, IA.; Recently renovated interiors with new electrical, plumbing, and HVAC systems.; 100% occupancy rate.
