Wedemeyer Auction & Realty

1925 130th Street

Casey, Iowa  50048

Phone: 641-746-2720, Fax: 641-746-2719          

E-Mail: Wedemeyer_auction@yahoo.com    www.wedemeyerllc.com

Hillcrest Apartments - 801 Stuart    Adair, IA

Price $315,000

 

 
 
 
   

Age: 1981
Total Acres: 2.45

Square Ft.: 11,000
Bedrooms:1 per unit


# of units:16
Baths: 1 per unit

Features: Living Room, Eat in kitchen, Storage closet in each apartment, Conference area for family gatherings or coffee time for residents plus coin operated laundry area centrally located for all residents.

Directions From I-80 Exit 76 North to Stuart ST. on corner of 8th and Stuart ST.

Marketing Remark This 16 unit apartment complex offers great income potential for any investor. The property is currently setup as a nonprofit (tax exempt). These one bedroom units feature a spacious living room, as well as a kitchen and dining area and full bath. There is a community room in the center of the complex with a bath and laundry room. The level lot, adequate parking, and mature trees make this park like setting a desirable place to live. Adair has a great rental market with the current Wind Farm expansions and many regular construction projects. This complex is currently open to all ages, but could be returned to senior living units. Make an appointment with Matt Wedemeyer at 641-740-0016 (cell) or Bret Wedemeyer at 641-740-0466 (cell) & look on the web: www.wedemeyerllc.com

Make an appointment with Matt Wedemeyer at 641-740-0016 (cell) or
Office at 641-746-2720 or look on the web: www.wedemeyerllc.com