New LYSTings
Listed with Remax
1.05Million
10 Units
$105,000 Price Per Unit
$89.41 Price Per Sq. Ft.
7.67% Cap Rate
Remodeled units renting for $995
Listed with LKR: MattLepic
$1.025 Million
12 Units
$85,416 Price Per Unit
$106.84 Price Per Sq. Ft.
10.7% Pro-Forma Cap Rate
Smaller market outsideof Iowa City
Listed with Midwest Brokers: Chandler Martin
$5.5Million
125 Units
$44,000 price per unit
8.16% Pro-Forma Cap Rate
100% vacant memory/senior care facility
Just Sold
$5.1 Million
72 Units
$72,200 Price Per Unit
$84.16 Price Per Sq. Ft.
Built in 1977
5.9 Million
84 Units
$70,375 Price Per Unit
$94.28 Price Per Sq. Ft.
$9.85 Million
62 Units
$158,870 Price Per Unit
$125.39 Price Per Sq. Ft.
Sold for $750k loss
$10.1 Million
172 Units
$58,720 Price Per Unit
$72.97 Price Per Sq. Ft.
6% Pro-Forma Cap Rate
Rents are under market by $150 and self-managed at 15%+ fees
24 Units