1500-1672 Ponds Edge Ct, North Liberty, IA 52317
1500-1672 Ponds Edge Ct, North Liberty, IA 52317
1500-1672 Ponds Edge Ct, North Liberty, IA 52317
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$4,000,000
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4 Baths
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1500-1672 Ponds Edge Ct North Liberty, IA 52317

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Amir Elgaali

Amir Elgaali

+1(319) 855-0017

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Nl Ponds Edge

MLS Listing ID 202605226

HOA Y/N No

Year Built 2003

Tax Year 2025

Lot Dimensions 4.0

Property Sub-Type Multi Family

Property Description

Perfect investment for a builder or developer. The property for sale is 9 condominium rental homes and 27 undeveloped condo lots. Two condo buildings are built and there is a potential to build four more condo buildings. Existing condo units rent at approximately $2,100/month, request Proforma and Rent Roll from the Listing Agent. Approximately $2,750,000 for the 9 condo units ($305,555/unit) and $1,250,000 for the 27 condo lots ($46,300/lot). To be sold as a package.

Location

State IA

County Johnson

Zoning RM-8

Direction 240th Street NE to Jones Blvd to Ponds Edge Court.

Rooms

Basement See Remarks

Interior

Interior Features Other

Cooling Central Air

Appliance Dishwasher, Range Or Oven, Refrigerator, Microwave

Laundry Other

Exterior

Parking Features None

Community Features Street Lights

Utilities Available City Sewer, City Water

Total Parking Spaces 2

Building

Lot Description Two To Five Acres

Structure Type Other,Unknown

New Construction No

Schools

Elementary Schools Clear Creek

Middle Schools Clear Creek

High Schools Clear Creek

Others

HOA Fee Include Other,None

Tax ID Multiple

Acceptable Financing Exchange1031, Cash, Conventional

Listing Terms Exchange1031, Cash, Conventional

Special Listing Condition Standard

Listed by Skogman Realty Co.

NEARBY SCHOOL & BUSINESS

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Amir Elgaali

Amir Elgaali

Agent License ID: 66564000

+1(319) 855-0017

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1500-1672 Ponds Edge Ct