1201 E South Street, Mount Ayr, IA 50854
sale
$799,000
|
Apartment
Courtesy Of South Central Iowa Realty
12-Unit apartment complex, office, and retail space, all available on over 2 acres of prime commercial Mount Ayr, Iowa, real estate. Current office/retail space is home to a clinic along with several small businesses who lease private space along with shared common area. There is a current property manager and maintenance person who would continue to handle these responsibilities if buyer is interested in a property management specialist. The complex had a new roof put on in the summer of 2023 and each apartment unit was remodeled/updated in 2021/2022! Listing agent can provide financials to serious buyers. Nine of the apartment units have on site garage parking and complex offers a central space for small gatherings or socializing for tenants only. It's a great location right on Highways 2 & 169 and across from our new Casey's General Store!!
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Property Features
- Appliance: Dishwasher
- Appliance: Microwave
- Appliance: Refrigerator
- Appliance: Dryer
- Appliance: Range
- Appliance: Washer
- Architecture Style: Other
- Building Units: 12
- Cooling System: Central A/C
- Exterior Type: Brick
- Exterior Type: Metal
- Exterior Type: Stone
- Floor Covering: Vinyl
- Floor Covering: Linoleum
- Floor Covering: Tile
- Floor Covering: Carpet
- Heating System: Forced Air
- Legal Description: 7-68-29 A TRACT OF LAND LOCATED IN THE E 45 AC OF THE N 1/2 OF THE NE 1/4
- MLSID: 6137080
- Roof Type: Unknown
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