The Willow Apartments 611 West Van Weiss Boulevard
West Burlington, IA 52655
For Sale
39,200 sqft
Sale Price
$2,795,000
Map
Multifamily For Sale - Available Immediately
The Willow Apartments, a 48-unit property located in West Burlington, Iowa
98% Occupied
11 of the 48 units have been renovated
Exceptional location
Cap Rate: 9.04%
Get in touch
Ray Hamilton
Clark Matthews
Cy Fox
The property consists of seven brick buildings built in 1994, featuring 40 2-bedroom, 1-baths and 8 3-bedroom, 2-baths. 11 of the 48 units have been renovated.
List Price: $2,795,000
Cap Rate: 9.04%
Year Built: 1994
Number of Units: 48
Unit Mix: 40-2BR/1BA; 8-3BR/2BA
Occupancy: 98%
Total Building SF: 39,200
Avg. In Place Rent: $770
Renovated Units: 11
Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=zZLzKkdX1B7G7GLq_8HK-ZKLr3YMRpTU8bRWgyA5b5Yz3bufYAuTSi6nTjo2WWw7
List Price: $2,795,000
Cap Rate: 9.04%
Year Built: 1994
Number of Units: 48
Unit Mix: 40-2BR/1BA; 8-3BR/2BA
Occupancy: 98%
Total Building SF: 39,200
Avg. In Place Rent: $770
Renovated Units: 11
Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=zZLzKkdX1B7G7GLq_8HK-ZKLr3YMRpTU8bRWgyA5b5Yz3bufYAuTSi6nTjo2WWw7
West Burlington (population: 3,184) is adjacent to Burlington which has a population of 23,637. The property is located just off HWY 34 and within a mile of major retailers such as Target, Menard’s, Lowe’s, Kohl’s, Walmart, Hy-Vee, Hobby Lobby, Dicks Sporting Goods, and Starbucks.
Total Space Available
39,200 sqft
Sale Price
$2,795,000
Get in touch
Ray Hamilton
Clark Matthews
Cy Fox