




1521 S G Ave, Nevada, IA, 50201
1beds
33baths
16,594sqft
$2,100,000
$127price/sqft
$15,814/moest. monthly cost
$632,560/yrincome needed
About This Home
Nevada Living Apartments presents a strong, turnkey investment opportunity in the heart of Nevada, IA. This fully stabilized, recently renovated 33-unit complex features efficient studio apartments, each with its own, newly renovated, kitchen. An on-site laundry room with coin-operated machines provides additional revenue, while a spacious 2-bedroom manager’s apartment allows for convenient, built-in oversight or added rental income. A utility monitoring system has also been installed to maximize cost efficiency. With modern updates, reliable occupancy, and multiple income streams, this property offers long-term stability in a growing community. Broker has a financial interest.
Getting Around
26
0
31
Schools
8/10
7/10
5/10
Construction
Condition
- Year built: 1997
Materials
- Foundation: See Remarks
- Roof: Asphalt,Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: See Remarks
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 33
- Full bathrooms: 33
Features
- See Remarks
Heating
- Heating features: Natural Gas,See Remarks
Interior Area
- Total structure area: 16,594
- Total interior livable area: 16,594 sqft
Property
Details
- Parcel number: 1117116125
- Zoning: MR R3
Lot
- Lot size: 2.05 Acres
- Features: Irregular Lot
