814 N Eagle Avenue

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814 N Eagle Avenue

Eagle Grove, IA 50533
Asking Price
$1.20M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily residential building featuring a total of 8 units
  • Asset located at 814 N Eagle Avenue in Eagle Grove
  • Current asking price for this Iowa property is 1,200,000 dollars
  • Stable residential investment opportunity in the North Central Iowa region
  • Well-positioned for consistent rental demand within the local market

What's Special

This multifamily apartment building contains 8 units and is currently available for purchase in Eagle Grove, Iowa. Situated in a steady residential market, the property serves as a stable asset for investors seeking to maintain a foothold in North Central Iowa. The local economy relies on agricultural and manufacturing sectors, providing a consistent demand for well-maintained rental housing options. This building represents a straightforward acquisition for those looking to expand a regional residential portfolio with a manageable unit count. Investors and operators will find the property functional for long-term rental strategies in a quiet, accessible community setting. The location allows for convenient access to local infrastructure and regional transportation routes serving the surrounding Wright County area, making it a practical choice for residents and property managers alike.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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