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Off market
  • $2,091,000

    316 E 16th St, South Sioux City, NE 68776

    --beds
    0baths
    25,068sqft
    MultiFamily
    Built in 1968
    -- sqft lot
    $2,091,000 Zestimate®
    $83/sqft
    $985 Estimated rent

    Home value

    $2,091,000

    $1.61M - $2.66M

    $985/mo

    Zestimate® history
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    Owner options

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    $985/mo

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    $985/mo

    Rent Zestimate®

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    $11,611/mo

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    $11,611/mo

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    What's special

    This is a two level, 20 unit apartment building with new roof/shingles in 2018, off-street parking, zero vacancy, and 7.5% Cap Rate. 80% of units have been remodeled/updated since 2017. Property consists of 8 Studio Apts and 12 1-bedroom apartments. Great location, good cash flow with potential for more, close to public transportation, centrally located, and good clientele. Financial information available upon request and execution of a Confidentiality Agreement. Very good investment! Owners also own another complex located at 300 W. 33rd St in SSC, NE and would like to sell both properties together.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 25,068 sqft

    Property

    Lot
    • Size: 0.99 Acres
    Details
    • Parcel number: 220038295
    • Zoning: Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1968

    Community & HOA

    Location
    • Region: South Sioux City

    Financial & listing details

    • Price per square foot: $83/sqft

    Price history

    DateEventPrice
    8/1/2019Sold$1,000,000-9.1%$40/sqft
    Source: Northwest Iowa Regional BOR #804137 Report a problem
    4/26/2019Price change$1,100,000-20%$44/sqft
    Source: FACTOR Realty #804137 Report a problem
    4/23/2019Price change$1,375,000-1.8%$55/sqft
    Source: FACTOR Realty #804137 Report a problem
    3/8/2019Listed for sale$1,400,000$56/sqft
    Source: FACTOR Realty #804137 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 68776

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Allen
    • Middle: S Sioux City Middle
    • High: S Sioux City High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.