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5300 Stone Ave Sioux City, IA 51106

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70-unit apartment complex for residents 62 years and older.

Type:Special Purpose
Lot size:
2.83 Acres
Added:
Sep 24, 2024
Days on Market:
564
Last Refresh:
Mar 17 at 1:13 pm

Property Features for 5300 Stone Ave

General Information

Standard status
Active
Lot size
2.83 Acres
Property subtype
Special Purpose

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Listing Contact
KJ Wingert

Listing agent KJ Wingert License #S69502000

Listing office CENTURY 21 ProLink

Listing date Sep 24, 2024

Source Crexi

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 CENTURY 21 ProLink


Overview

Apartment Complex for Senior Living

The Maple Heights Apartments and Maple Heights Annex, situated atop Stone Blvd, overlook the Sunrise Retirement Home Campus. The complex offers convenient access to Gordon Drive and Hwy 20, placing it within minutes of shopping, groceries, and entertainment. This HUD apartment complex caters to residents aged 62 years and older, encompassing two parcels totaling 70 apartment units across 2.83 acres. Maple Heights, constructed in 1985, features 50 apartments, including 15 efficiency units and 35 one-bedroom, one-bathroom units. The Annex, built in 1998, comprises 20 apartments, with 19 one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. Each unit is equipped with air conditioning and a pull cord call system. Resident amenities include laundry facilities, controlled access, and an outside patio.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Maple Heights Retirement Community Sunrise Manner Apartment Building

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center Accounting Firm

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

Location Insight

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  • Local Demand
City
Sioux City
County
Woodbury
State
Iowa
Longitude
-96.338463
Latitude
42.47847

FAQs

What type of property is this?
Apartment building - 70-unit apartment complex for residents 62 years and older.
Where is this apartment building located?
The property is located at 5300 Stone Ave Sioux City, IA.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: 70‑unit HUD apartment complex for residents 62 years & older; Assumable PRAC financing available, offering a 5% ROI; Convenient location with easy access to Gordon Drive and Hwy 20, near shopping, groceries, and entertainment
More about this property
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