Investment Opportunity – Fully Renovated Multifamily Portfolio in Hawarden, IA Rare opportunity to acquire a 32-unit multifamily portfolio in Hawarden, Iowa, consisting of 28 one-bedroom units and 4 two-bedroom units across four separate parcels. 26 of 32 units have been completely renovated, offering a true turnkey investment with minimal deferred maintenance. The portfolio includes: 1115 Central Ave – 4 units 1111 Ave F – 4 units 707 Ave I – 8 units 608 12th St – 16 units All units have been fully redone, providing modern interiors that support strong tenant demand and stable occupancy. The diversified layout across multiple buildings helps reduce operational risk while allowing for efficient management. This offering is well-suited for investors seeking a stabilized asset, strong in-place condition, and long-term hold potential in a growing regional market. Properties may be sold as a complete portfolio or separately by parcel.

Details

  • Year Built: 1975
  • Size: 2,208 sq. ft
  • Taxes: $9518
  • Tax Year: 2024
  • MLS ID: 831744

Listing courtesy of Nic Madsen - Gateway Real Estate Advisors

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