Gomberg Report >
Iowa

Updated 1/29/2010
Click on the thumbnail picture to view larger size picture.
Click on the "contact broker" link to request more information from the Broker.
New Listings are labeled for the first 2 weeks

County |
 

Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
Contact Broker
Des Moines
72 unit
2,540,000
80% Financing Available
496,174
5.12
35,277

Apartment property consisting of two buildings. There are a total of 49 one bedroom units, 23 two bedroom units and an office. The property was built in 1975 and has a wood, vinyl and stucco exterior. Property taxes being reduced. Tenants pay for electric heat.

contact broker
Marshalltown
56 unit
1,925,000
80% Financing Available
354,036
5.44
34,375

A completely renovated multi-family property built in 1978. All of the units have been completely remodeled with new carpet, vinyl, and kitchens with new appliances. Located in the downtown of a small community of 25,815 in central Iowa.

contact broker