Property summary
This exceptional investment property in North Liberty, Iowa, presents a unique opportunity for builders and developers. Located at 1559-1672 Ponds Edge, this property encompasses nine existing condominium rental units within two buildings, situated on a four-acre lot zoned RM-8. Each of the existing units currently commands an approximate monthly rent of $2,000. The asking price of $3,685,000 reflects a breakdown of approximately $2,430,000 for the nine existing condo units (approximately… $270,000 per unit) and $1,255,000 for the additional 27 undeveloped condo lots (approximately $46,481 per lot). The property is being sold as a single package. Built in 2003, this property offers significant potential for expansion. The RM-8 zoning permits the construction of four additional condo buildings on the remaining undeveloped land, presenting a substantial opportunity for future development and increased revenue streams. Detailed financial information, including a proforma and rent roll, is available upon request. This is a prime investment opportunity in a thriving Iowa community. The property's location in Johnson County, Iowa, zip code 52317, offers easy access to local amenities and transportation. This is a rare chance to acquire a multifamily property with significant upside potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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