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About This Home
This 1-bedroom, 33-bathroom residential multi family at 1521 S G Avenue in Nevada, IA is listed for $2,100,000 ($127 per sqft). Built in 1997, the home offers 16,594 sqft of living space on a 2.05 acres lot.
Nevada Living Apartments presents a strong, turnkey investment opportunity in the heart of Nevada, IA. This fully stabilized, recently renovated 33-unit complex features efficient studio apartments, each with its own, newly renovated, kitchen. An on-site laundry room with coin-operated machines provides additional revenue, while a spacious 2-bedroom manager's apartment allows for convenient, built-in oversight or added rental income.
A utility monitoring system has also been installed to maximize cost efficiency. With modern updates, reliable occupancy, and multiple income streams, this property offers long-term stability in a growing community. Broker has a financial interest.
Key Features
- Built in 1997
- 2.05 acre lot
Property Details
Monthly Cost Estimate
$11,231/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1521 S G Avenue
Nevada, IA 50201
Property Details
Construction
Heating
Questions & Answers
This 1-bedroom, 33-bathroom residential multi family at 1521 S G Avenue is listed at $2,100,000 ($127/sqft). The estimated monthly payment is $9,100 based on 20% down at 6.5% interest.
Key features include: Built in 1997, 2.05 acre lot.
This property is listed by Guns, Matthew and can be reached at (515) 554-4543 or mguns@wbrealty.com.