Multifamily

Albert City, IA Multifamily Properties for Sale

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Laurens, IA Newell, IA Fonda, IA Havelock, IA Sioux Rapids, IA Storm Lake, IA Pocahontas, IA Webb, IA
Nursing Home With Apartments
Updated: Aug 8
Nursing Home With Apartments

410 Spruce St, Albert City, IA 50510

$999,900
41,421‑square‑foot property with 29 nursing home units
16 market‑rate apartments included
Renovated in 2003; originally constructed in 1965
Zoned M - Residential (MR R3+)
Located at 410 Spruce St, Albert City, IA 50510
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1 active listing matches your search: Multifamily for sale in Albert City, IA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

4-Unit Residential Income Property
4-Unit Residential Income Property

107 SENECA ST, Storm Lake, IA 50588

$230,000
3,537 sqft 0.20 AC lot

Separate utilities serve each residence, with three units currently rented.

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7-Bedroom Duplex
7-Bedroom Duplex

718 SENECA ST, Storm Lake, IA 50588

$167,000
2,488 sqft 0.14 AC lot

Two separately arranged residences are currently occupied by seasonal workers and use hot-water heating.

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Three-Unit Apartment Building
Three-Unit Apartment Building

211 S 5th St, Sac City, IA 50583

$139,900
1,883 sqft

All units are leased, with recent window replacement and renovations in two apartments.

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Updated Triplex with Rental Income
Updated Triplex with Rental Income

211 S 5th Street, Sac City, IA 50583

$139,900
0.25 AC lot

Three apartments include two remodeled units with updated appliances and recent property-wide window replacement.

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Albert City, IA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Albert City, IA on our real estate platform.

Sale prices for multifamily properties in Albert City, IA average $999,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 1,055
Population Growth (5Y) +2.0%
Median Household Income $78,523
College Educated 25.0%

High-Yield Neighborhoods for Investment

Identify Albert City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50510 $999.9K

Taxes & Financing

Tax Rate (average for all types) 2.46%
Property Tax per SF $32.91 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Buena Vista County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Buena Vista County

Residential Income

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