1201 E South Street

Mount Ayr, IA

Mount Ayr, IA
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    • Date added: Added 6 months ago
    • Category:
    • Status:
    • Floors: Carpet,Tile,Vinyl/Linoleum
    • Lot size: 87120 sq ft
    • Year built: 1993
    • County: Ringgold
    • Acres: 2 acres
    • Price Per SQFT: $8.15
    • Municipality: Mount Ayr
    • Current Use: Office,Residential
    • DOM: 720
    • MLS ID: 6137080


    • Description:

      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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    Building Details

    • Garage Stalls: 8
    • Water: City Water/Connected
    • Walls: Drywall,Finished
    • Construction Status Desc: Previously Owned
    • Construction Status: 0
    • Building Total SqFt: 98010 sq ft

    Amenities & Features

    • Available Utilities: Electric Separate,Heating Separate,Hot Water Separate
    • Style: Apartment
    • Air Conditioning: Central
    • Appliances: Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer
    • Parking Characteristics: Attached Garage,Detached Garage,Uncovered/Open,Driveway - Concrete,Paved Lot
    • Exterior: Brick/Stone,Metal
    • Heating: Forced Air
    • Sewer: City Sewer/Connected
    • Amenities:


    • Association: WCIR
    • School District Name: Mount Ayr, 4527
    • Yearly/Seasonal: Yearly
    • Availability: Available
    • Contingency: None
    • Accessible: None
    • Fuel: Natural Gas
    • Expense Insurance: $5,196

    Fees & Taxes

    • Tax Year: 2022
    • Net Taxes: $22,746
    • Expense Maintenance: $37,685

    Inquire About This Property

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    This style property is located in Mount Ayr is currently and has been listed on 1st Rate Real Estate. This property is listed at $799,000. It has bedrooms, bathrooms, and is . The property was built in 1993 year.

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