208 S 14Th Street

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208 S 14Th Street

Keokuk, IA 52632
Asking Price
$40K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily asset for sale in Keokuk Iowa
  • Two unit apartment building available for purchase
  • Total asking price set at 39900 dollars
  • Located at 208 S 14th Street zip 52632
  • Situated in a regional center for local industry

What's Special

Priced at $39,900, this multifamily apartment building located at 208 S 14th Street in Keokuk, Iowa, presents a straightforward investment prospect. The asset consists of two distinct units, providing a manageable configuration for investors looking to expand their residential holdings in the region. Keokuk sits along the Mississippi River, serving as a regional center for manufacturing and logistics within the Tri-State area. This position offers consistent demand for workforce housing options in the local market. Given the structure and current density, the property is suited for an investor seeking a entry-level multifamily asset with potential for rental yield. The location provides proximity to local infrastructure and thoroughfares that define this riverfront community. Investors may consider this asset for long-term hold strategies aimed at providing stable housing for residents in this established Iowa market.

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NOI
$80,000
Cap Rate
200.50%
DSCR
33.77
Strong
Cash-on-Cash
648.55%
Monthly Payment
$197.403
Annual Cash Flow
$77,631.159

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