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217 19th Street
Sioux City, IA 51105
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
MULTI-FAMILY DEVELOPMENT OPTION | Iowa West/Sioux City, IA <p><strong style="color: rgba(64, 64, 64, 1)">REDEVELOPMENT POTENTIAL</strong></p><p> </p><p><span style="color: rgba(64, 64, 64, 1)">Primed for redevelopment, this Sioux City property presents a compelling opportunity for affordable, workforce, or HUD-supported housing. The site may be well-suited for developers or housing providers seeking to pursue public/private incentives, tax credits, grant programs, or other low-income housing initiatives. Buyer to verify zoning, density, program eligibil
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
