1201 E South Street

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1201 E South Street

Mount Ayr, IA 50854
Asking Price
$1.10M
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

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

  • Traditional office building available for purchase at 1201 E South Street.
  • The property is located in the Mount Ayr market of southern Iowa.
  • Asking price for this commercial asset is set at 1,100,000 dollars.
  • The facility serves as a functional space for professional or administrative use.
  • Mount Ayr acts as a central hub for the surrounding county region.

What's Special

This traditional office building in Mount Ayr, Iowa, is available for sale, presenting a viable acquisition for investors or owner-occupants seeking established workspace. Situated at 1201 E South Street, the property occupies a strategic position within the local market. The asset is well-suited for professional service firms, administrative operations, or organizations requiring a dedicated corporate presence within this growing agricultural and retail hub in southern Iowa. Mount Ayr serves as a functional center for the surrounding Ringgold County area, providing essential services and connectivity to regional transit routes. The facility offers a practical layout for various business configurations, catering to those who prioritize stability and functionality in their physical footprint. Its location allows for convenient accessibility while maintaining the professional atmosphere necessary for daily business operations. Prospective buyers can leverage this asset to establish or expand their presence in a stable, community-focused economic environment.

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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

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