1500-1672 Ponds Edge Ct, North Liberty, IA 52317
1500-1672 Ponds Edge Ct, North Liberty, IA 52317
1500-1672 Ponds Edge Ct, North Liberty, IA 52317
1500-1672 Ponds Edge Ct, North Liberty, IA 52317
1500-1672 Ponds Edge Ct, North Liberty, IA 52317
1500-1672 Ponds Edge Ct, North Liberty, IA 52317
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Tony Lueken

Tony Lueken

+1(319) 480-3875
$ 4,000,000
Est. payment | /mo

4 Acres Lot

Save
$ 4,000,000
Est. payment | /mo
Save

4 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Income Investment

Listing Status Active

Purchase Type For Sale

Subdivision Nl Ponds Edge

MLS Listing ID 202605227

Style Two Stories

HOA Y/N No

Year Built 2003

Tax Year 2025

Lot Size 4.000 Acres

Acres 4.0

Lot Dimensions 4.0

Property Sub-Type Income Investment

Property Description

Perfect investment for a builder or developer. The property for sale is 9 condominium rental homes and 27 undeveloped condo lots. Two condo buildings are built and there is a potential to build four more condo buildings. Existing condo units rent at approximately $2,100/month, request Proforma and Rent Roll from the Listing Agent. Approximately $2,750,000 for the 9 condo units ($305,555/unit) and $1,250,000 for the 27 condo lots ($46,300/lot). To be sold as a package.

Location

State IA

County Johnson

Zoning RM-8

Direction 240th Street NE to Jones Blvd to Ponds Edge Court.

Interior

Interior Features Other

Heating None

Fireplaces Type None

Appliance None

Laundry Other

Exterior

Exterior Feature Other

Parking Features None

Community Features Other

Utilities Available City Sewer, City Water

Building

Lot Description Two To Five Acres

Structure Type Other,Unknown

New Construction No

Schools

Elementary Schools Clear Creek

Middle Schools Clear Creek

High Schools Clear Creek

Others

HOA Fee Include None

Tax ID Multiple

Acceptable Financing See Other Remarks

Listing Terms See Other Remarks

Special Listing Condition Standard

Listed by Skogman Realty Co.

NEARBY SCHOOL & BUSINESS

Tony Lueken

+1(319) 480-3875

tony@luekenre.com

4515 N River Blvd NE, Cedar Rapids, IA 52411, USA

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1500-1672 Ponds Edge Ct