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Lot 1 Scarlett Point Subdivision, Iowa City, IA 52240.
Multi-Family Development Land For 84 Apartments For Sale! Prime Location! Walk to the University of Iowa Campus & Downtown Iowa City! Site plan has City of Iowa City approval for 84 apartments/condos to be built on-site. Building Plans included in the sale. Property ready for construction starting this year, with completion in 2027. Seller will also build to suit for the end user if the Buyer does not want to deal with construction. Ask the Listing Agent for details. Owner is an Iowa Broker.
MLS ID: 202600139
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Lot 1 Scarlett Point Subdivision, Iowa City, IA 52240.

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563-441-1862
toll free 866-441-1862
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| Loan Type | FHA 30 Year Fixed | 30 yr Jumbo |
| Purchase Price | $3,150,000 | $3,150,000 |
| Down Payment | $110,250 | $630,000 |
| Monthly Mortgage Amount | $19,296 | $15,928 |
| Taxes | $4384 | $4384 |
| Insurance | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 |
| Monthly Mortage Insurance | $1,890 | $0 |
| Monthly Estimated Total | $26,489 | $21,231 |
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