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    OFF-MARKET
    Mixed-use properties

    2520 Mount Pleasant St, Burlington, IA 52601

    0.59 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment property in Burlington, Iowa presents a unique opportunity to acquire a diverse portfolio of income-generating assets on a single parcel of land. The 0.59-acre site encompasses a motel, a single-family home with an attached shop, and a duplex. This provides immediate rental income potential from a variety of residential and commercial tenants. Adding to the investment appeal are two additional commercial office spaces located on separate parcels included in this sale. The combined properties offer significant potential for both short-term and long-term returns. The existing structures provide a solid foundation for immediate income generation, while the diverse nature of the properties allows for flexibility in future development or expansion. This is an ideal acquisition for investors seeking a diversified portfolio with strong cash flow potential in a desirable location. The property's multiple income streams mitigate risk and offer significant upside potential through strategic management and potential renovations or improvements. The scale of the property, encompassing both residential and commercial components, presents a rare opportunity in the Burlington market. This is a turnkey investment ready for immediate ownership and income generation. The combined properties offer a substantial return on investment, making this an attractive opportunity for experienced investors seeking a high-yield, diversified portfolio.

    Property profile
    Verified
    Property type Mixed-use properties
    Lot 0.59 ac (25,700 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Arrowhead Motel Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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