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    3209 Renner Dr Council Bluffs, IA 51501
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    Property profile & analytics

    3209 Renner Dr Council Bluffs, IA 51501


    • Commercial real estate
    • 54,758 SF
    • 6.84 lot acres
    Off-Market
    Property ID
    US25-2578534
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Twin City square / Apartment Building

    Property Details for 3209 Renner Dr

    Year built
    1971
    Lot size
    6.84 lot acres
    Property size
    54,758 SF
    Property type
    Commercial real estate
    APN
    7444 10 352 002

    Description

    This exceptional 60-unit apartment complex, situated on a substantial 6.84-acre lot in Council Bluffs, Iowa, presents a compelling investment opportunity. The property, located at 3209 Renner Dr, boasts a prime location directly across from Lewis Central elementary school within the desirable Twin City neighborhood. The complex comprises seven multi-unit buildings, offering a diverse mix of floor plans: eight one-bedroom ranch-style units, twenty-eight two-bedroom row-home units, and twenty-four three-bedroom row-home units. Built in 1971, the complex encompasses 54,758 square feet and includes 90 parking spaces. The property's substantial lot size offers significant potential for future expansion, such as adding additional buildings, garages, or storage units to further enhance income streams. A large on-site garage currently serves as a maintenance shed and houses a coin-operated laundry facility, generating supplemental revenue. The high demand for units in this sought-after location, coupled with the potential for rent increases, makes this a truly attractive investment prospect. The property's APN is 7444 10 352 002. The asking price is $6,300,000, representing a price per unit of $105,000 and a price per square foot of $115.05. This property offers a strong combination of existing income and future development potential.


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    Location Insight

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    • Local Demand
    City
    Council Bluffs
    County
    Pottawattamie
    State
    Iowa
    Longitude
    -95.8960397
    Latitude
    41.2197416
    More about this property
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