The Moss Apartments 1 Richards Drive

Keokuk, IA 52632

For Sale

16,000 sqft

Sale Price

$855,000
Map
Multifamily For Sale - Available Immediately
The Moss Apartments, a 16-unit property located in Keokuk, Iowa.
Cap Rate: 9.22%
100% Occupied
Across the street from Keokuk Middle & High Schools
Within 5 minutes of WalMart, Hy-Vee, Aldi, and several other retailers
All 2BR/1BA
Get in touch
Ray Hamilton
Ray Hamilton
Clark Matthews
Clark Matthews
Cy Fox
Cy Fox
The property consists of two brick buildings built in 1978 and features an ideal unit-mix of all 2-bedroom units.

Address: 1 Richards Dr, Keokuk, IA 52632

List Price: $855,000

Cap Rate: 9.22%

Year Built: 1978

Number of Units: 16

Unit Mix: All 2BR/1BA

Occupancy: 100%

Total Building SF: 16,800

Avg. In Place Rent: $710

Number of Buildings: 2

Number of Stories: 2

Parking: Surface

Click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=HdBMBKZMqC3NbNPsHTPICs-CoXH1u-4O3_KR6aMPc7LhjeikUrlIMc31fSZ7uyEI
Keokuk is the southernmost city in Iowa and is at the junction of U.S. Routes 61, 136 and 218. The property is located across the street from Keokuk Middle & High School and within 5 minutes of WalMart, Hy-Vee, Aldi, and several other retailers along HWY 218/Main Street.

Total Space Available

16,000 sqft

Sale Price

$855,000
Get in touch
Ray Hamilton
Ray Hamilton
Clark Matthews
Clark Matthews
Cy Fox
Cy Fox