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Multi-Family

Popkes Apartments

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219 Buncombe Drive
Rock Rapids, Iowa

Space Available: 8 Units

For Sale: $315,000

Property Description

  • Two-story eight unit apartment building located one block north of Main Street in Rock Rapids, Iowa.
  • 100% occupied with good rental history.
  • All units are two-bedroom, one bath.
  • Individual hot water heaters.
  • Baseboard electric heat.
  • On site laundry facilities includes two washers and two dryers, all coin operated .
  • Refrigerator and stove.
  • Landlord pays water, sewer, garbage, snow removal and lawn maintenance.
  • Tenant pays electric.
  • Garage included in rent.
  • 3,168 sq. ft. twelve-stall detached garage with 4,500 sq. ft of concrete parking built in 2003.
  • Rock Rapids is located in extreme northwest Iowa at the junction of Highway 9 and US Highway 75 approximately 32 miles southeast of Sioux Falls, SD. Rock Rapids is home to a population of 2,488.
  • Financials will be provided to qualified buyers upon request and signed confidentiality agreement.

Brokers

Bryan Mulder

Broker Associate

Bryan Mulder joined NAI Sioux Falls after acquiring 15+ years in sales, franchising, consulting and training in the Midwest. Bryan has dealt with retail business site selection, consulting with owners/managers on project cost analysis as well as operational cost control of businesses.

Learn more about Bryan
View Bryan's listings here