8717 Urbandale Ave

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Address: 8717 Urbandale Ave, Urbandale, IA 50322, USA
Created date: October 8, 2024
Date last updated: October 8, 2024
  • 4-Plex Opportunity with some Value Add
  • Proforma NOI: $23,466
  • CapRate: 7.82%
  • Desirable Urbandale Location

Property Description

Rare 4-plex in a great neighborhood in the heart of Urbandale. Property has newer roof, windows and updated interiors. 5 stall garage, lots of parking and lot of open greenspace gives the tenants space to enjoy the property without feeling cramped in an apartment. Property consists of three 1 Bed, 1 Bath units and one studio. Coin-Op Laundry in basement common area. Great Value-Add components to this property with bumping up rents to market levels.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $300,000
No. of Units: 4
Average Occupancy: 7.82
Year Built: 1914
Lot Size: 0.58 Sq ft
Opportunity Zone: No
Price per unit: $75,000
Property Website Click Here
Address: 8717 Urbandale Ave, Urbandale, IA 50322, USA
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