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85 Sugar Creek Ln North Liberty, IA 52317 Commercial - Business Active

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Description

Fully Leased Mixed-Use Investment | 13 Units | Prime Location Outstanding opportunity to acquire a turnkey mixed-use investment property offering a diversified income stream and 100% occupancy. This well-positioned asset features 4 street-level commercial units and 9 residential apartments, including 8 second-floor units and 1 ADA-compliant first-floor unit. The commercial spaces are leased to long-term tenants with solid operating histories, ensuring dependable cash flow. The residential units are fully leased and well-maintained, with strong rental demand and minimal vacancy history. Investment Highlights: ? 13 total units (4 commercial / 9 residential) ? Fully occupied ? immediate, reliable income ? 8 residential units upstairs, 1 ADA unit on main level ? High-traffic area with strong visibility and access ? Professional management in place ? Diverse tenant mix reduces risk exposure ? Excellent 1031 exchange candidate Detailed financials and rent roll available upon request.

Property Highlights

Property Type: Commercial - Business
Year Built: 1994

General Information

County: Johnson
Listed By:
Urban Acres Real Estate 319-351-1111 Sean McIntyre
ICAAR MLS
$2,200,000
Est. $14,398/mo
Active
SQUARE FEET15,790 MLS#202502890
STATUSActive PROPERTY TYPECommercial - Business

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Ruhl&Ruhl Realtors
563.441.1776

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85 Sugar Creek Ln, North Liberty, IA 52317.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,200,000$2,200,000$2,200,000
Down Payment $77,000$0$440,000
Monthly Mortgage Amount $13,125$13,655$10,694
Taxes $3062$3062$3062
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,320$0$0
Monthly Estimated Total $18,149$17,359$14,398

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About this area

Iowa/North Liberty
North Liberty

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The city of North Liberty is located just north of Coralville and Iowa City and south of Cedar Rapids.

As of the 2010 census, the population of North Liberty was 13,374 people. From the years of 2000-2010, North Liberty has been the second fastest growing town in Iowa. Continue browsing this page to see all real estate options and houses for sale in North Liberty, IA. North Liberty is located outside of Iowa City. View homes for sale in the Iowa City area for more real estate options.

See more houses for sale in the Iowa City area. 

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Nearest Ruhl&Ruhl Office
1075 Highway 1 West
Iowa City, IA 52246
Phone Number: (319) 339-8111

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