8-Plex apartment building for sale in Centerville, Iowa. $350,000. 416 E Oak Street, Centerville, Iowa (Building 1): 8, Two Bedroom Units - currently at full occupancy. Coin laundry on-site. Off-street Parking. Landlord currently pays Heat, Water, Sewer & Trash. Tenant is responsible for electric. 9.8% Cap Rate at listing price A second building is for Sale and both buildings must be purchased together. (The other building does have a separate listing.) Building 2: (538 N Park Ave, Centerville, Iowa) 4, Two Bedroom Units & 4, One Bedroom Units - currently at full occupancy. Coin laundry on-site. Off-street Parking. Landlord currently pays Heat, Water, Sewer & Trash. Tenant is responsible for electric. 9.08% Cap Rate at listing price Again, buildings must be purchased together. Total Selling price is $700,000. More detailed information provided upon request. Serious inquiries only.
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