0.49 Acres in Lamoni, IA - $390,000

Commercial Investment Opportunity in Lamoni, IA

Property # 76810

It's not often an opportunity to own a 6-unit apartment complex comes along! This 6-plex has impressive income and has had a good rental history. With a whopping $50,520 of income per year, this property offers an excellent investment opportunity! It consists of four 2-bedroom, 1-bathroom units, and two 3-bedroom, 1-bathroom units.

Additionally, there are storage areas in the basement that are currently rented out to tenants and a community laundry area.

Features of the Property Include:

- 11 parking spaces on asphalt lot

- 6 total units

- Four 2-bedroom, 1-bathroom units

- Two 3-bedroom, 1-bathroom units

- $50,520 of income per year

- Great location

- 4 newer AC units and furnaces

- Individually metered units