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Property profile & analytics
OFF-MARKET
Apartment buildings

500 Oakhurst Dr Clinton, IA 52732

11,335 SF Built 1902
Property ID
US25-1229453
Property summary
AI-generated overview

This exceptional 11-unit apartment building presents a lucrative investment opportunity in Clinton, Iowa. Located at 500 Oakhurst Drive within the Breezy Point subdivision, this two-story, 1902-built property boasts 11,335 square feet and offers a compelling net operating income (NOI) of $27,034. The building comprises a mix of unit sizes, including two one-bedroom units and eight two-bedroom units, catering to a diverse tenant base. Ample off-street parking is available with 20 spaces provided for residents. Convenience is enhanced by the inclusion of on-site laundry facilities, adding value for tenants and simplifying property management. The property's county assessor parcel number (APN) is 8400090000. This well-maintained multifamily property is priced at $375,000 and represents a strong potential for both immediate cash flow and long-term appreciation. Its prime location in Clinton, Iowa, offers easy access to local amenities and services, making it an attractive option for renters. The property's solid occupancy rate and consistent income stream make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a well-established multifamily property in a desirable location. Serious inquiries are encouraged.

Property profile
Verified
Property type Apartment buildings
Year built 1902
Total area 11,335 SF
UPID US25-1229453
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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