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🏢 Just listed — Mixed-use for sale in IOWA CITY, IA.

📍 13 S LINN ST, IOWA CITY, IA
🏷  Mixed-use · For Sale
💰 $2.50M

Be a part of the downtown Iowa City scene!

<ul><li>Fully leased building</li><li>One commercial tenant with two bars</li><li>Four residential apartments on the upper floors</li></ul>

Full financials, photos, and broker contact:
https://commrty.com/property/iowa/iowa-city/13-s-linn-st-iowa-city-ia-52240-3941-2475988-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=13-s-linn-st-iowa-city-ia-52240-3941-2475988

#IOWACITY #Mixeduse #CommercialRealEstate #CRE #Investment

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Home/IA/IOWA CITY

13 S LINN ST

IOWA CITY, IA 52240-3941

Asking Price

$2.50M

Asset Type

Mixed-use

Class

Class B

What's Special

Be a part of the downtown Iowa City scene! <ul><li>Fully leased building</li><li>One commercial tenant with two bars</li><li>Four residential apartments on the upper floors</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

3.20%

DSCR

0.54

Underwater

Cash-on-Cash

-9.12%

Monthly Payment

$12,368.636

Annual Cash Flow

$-68,423.631

Location & Travel Times

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$1.80M

Class B | Commercial

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Listed by Owner · For Sale