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🏢 Just listed — School Special-purpose for sale in Sioux City, IA.

📍 6100 Morningside Ave, Sioux City, IA
🏷  School Special-purpose · For Sale
💰 $4.00M

42,000 SF former school and church on 5 acres offers flexible layouts.

Full financials, photos, and broker contact:
https://commrty.com/property/iowa/sioux-city/6100-morningside-ave-2551803-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=6100-morningside-ave-2551803

#SiouxCity #Specialpurpose #CommercialRealEstate #CRE #Investment

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Home/IA/Sioux City

6100 Morningside Ave

Sioux City, IA 51106

Asking Price

$4.00M

Asset Type

School Special-purpose

Class

Class B

What's Special

42,000 SF former school and church on 5 acres offers flexible layouts.

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

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

NOI

$80,000

Cap Rate

2.00%

DSCR

0.34

Underwater

Cash-on-Cash

-13.12%

Monthly Payment

$19,789.818

Annual Cash Flow

$-157,477.81

Location & Travel Times

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📍

$439K

Class B | Religious/Church

1308 S Cleveland St, Sioux City, IA 51106

Listed by Owner · For Sale