301 21st Street, Sioux City, IA 51104

Sioux City, IA Homes for Sale in 51104 and Real Estate MLS # 826708

$1,100,000

  • N/A
  • 1
  • 9000
  • Active
Price Decreased

General Description

Presenting Grandview Apartments, a prime turnkey investment opportunity in the heart of Sioux City, Iowa. This meticulously maintained four-level apartment building offers a fully leased, income-generating property with 15 one-bedroom units. Each apartment has been recently remodeled with modern finishes and brand-new appliances, making it a hassle-free addition to any investor’s portfolio. Key Features: Turnkey Investment: Fully leased, generating consistent cash flow from Day 1. New Roof: Installed recently, reducing maintenance costs and long-term capital expenditure. Completely Renovated Units: Each unit features contemporary finishes and new appliances, maximizing rental potential and tenant satisfaction. Desirable Location: Centrally located in Sioux City, providing easy access to local amenities, public transportation, and employment centers. Low Vacancy Risk: Strong rental demand in the area, ensuring stable long-term tenancy. Attractive Cap Rate: Positioned for strong returns with the potential for future rent growth. This low-maintenance, high-yield property is perfect for both seasoned investors and those looking to expand their portfolio with a solid, income-producing asset. The combination of recent updates, strong market rents, and full occupancy makes Grandview Apartments a rare find in today’s market. Don’t miss this exceptional investment opportunity! Contact us today for additional details, financials, and to schedule a private showing.

Legal: Calls Summit W 1/2 Lot 7 & EX S 40.7 Ft E 6FT Blk 4
Status: Active

Property Information

826708

$1,100,000

301 21st Street

Downtown

Sioux City

Woodbury

IA

Sale

Multi-Unit

9000

26

1905

1

51104

9728

LISTED BY

J & M Real Estate Group Inc., Brandi Jorgensen (605.232.1819)

PROPERTY LOCATION

MORTGAGE CALCULATOR


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Listed by : RE/MAX EXPERIENCE, JEFF CARLSON (712.635.1763)
Jeff Carlson - BROKER/OWNER

Jeff Carlson

BROKER/OWNER

Rachel Carlson - REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Rachel Carlson

REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Ask About this Property #826708

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