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    OFF-MARKET
    Manufacturing properties

    409 Cherry St, Shell Rock, IA 50670

    Property ID
    US25-0476044
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Shell Rock, Iowa, presents a well-maintained six-unit multi-family property located at 409 N Cherry Street, Butler County, zip code 50670. The asking price is $299,000. The property boasts a diverse unit mix, including two efficiency units, two one-bedroom units, one two-bedroom unit, and a three-bedroom house. This provides flexibility for a range of tenants and income streams. A detached two-stall garage adds further value and potential rental income. The property's strong rental history demonstrates its consistent appeal and profitability. Situated in Shell Rock, Iowa, this property benefits from a stable local market. The property is classified as Hospitality, Industrial, and Land, with subtypes of Manufacturing and Commercial. This versatile property offers a compelling investment opportunity for those seeking a proven rental income stream in a desirable location. The property's diverse unit mix and strong rental history make it an attractive prospect for both seasoned investors and those new to the real estate market. Further details are available upon request.

    Property profile
    Verified
    Property type Manufacturing properties
    UPID US25-0476044
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    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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