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2510 Cascade Ln Iowa City, IA 52246 Multi Unit - Multiple Active

  • 2510 Cascade Ln, Iowa City, IA 52246 Main Photo

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Description

West side Iowa City properties in Mormon Trek Village with strong rental history. Convenient to University of Iowa Hospitals and Clinics, UI, and downtown Iowa City. Easy access to Hwy 218, I-380, and I-80 for surrounding area commute. Units shown are a sampling of the various units. 4 total buildings; 1-12 plex, 1-18 plex, two-4 plexes: 38 total units, 20-3 bedroom units, 18-2 bedroom units, and a 4-car garage rented separately. Gross Income and Expense shown are average past 2 years. Gross Expense includes P-Tax and ins. *No showings until after accepted offer*. FLOOR PLANS ARE CONCEPT ONLY, ACTUAL UNIT LAYOUT WILL VARY, SQUARE FOOTAGE/DIMENSIONS ARE APPROXIMATE AND SHOULD BE VERIFIED BY BUYER.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 11
Bathrooms: 9
County: Johnson
High School: West
Subdivision: Mormon Trek Village
Listed By:
Watts Group Realty 319-338-4500 Michael Van Dyke
ICAAR MLS

Units

Unit 1:
Bedrooms: 3
Baths Full: 2
Rent: $1565.00
Unit 2:
Bedrooms: 2
Baths Full: 1
Rent: $1075.00
Unit 3:
Bedrooms: 3
Baths Full: 1
Baths 3/4: 1
Baths Half: 1
Rent: $1795.00
Unit 4:
Bedrooms: 3
Baths Full: 1
Baths 3/4: 1
Baths Half: 1
Rent: $1795.00
$7,295,000
Est. $47,740/mo
11beds
9baths
Active
BEDS11 BATHS7 full 2 partial MLS#202600466
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMormon Trek Village

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Ruhl&Ruhl Realtors
563.441.1776

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2510 Cascade Ln, Iowa City, IA 52246.

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Loan Type FHA 30 Year Fixed30 yr Jumbo
Purchase Price $7,295,000$7,295,000
Down Payment $255,325$1,459,000
Monthly Mortgage Amount $43,522$35,460
Taxes $10152$10152
Insurance $100$100
HOA/Dues/Fees $0$0
Monthly Mortage Insurance $4,376$0
Monthly Estimated Total $60,178$47,740

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