Portfolio Sale of 9 Multifamily and 1 Commercial Property for a total of 253 residential units and 2 commercial units. Located in Grinnell and Mt. Pleasant, Iowa. Grinnell Properties: Gracie Park Apartments is 9 multi-family buildings with 56 residential units, 22 garages and 1 management building. There is (40) 2 bedroom and (16) 3 bedroom units. Longview East/High Street Apartments is 4 multi-family buildings with 31 residential units, (30) 2 bedroom units, (1) 1 bedroom unit and 14 garages. Longview West Street Apartments is 2 multi-family buildings with 18 residential units, (16) 2 bedroom units, (2) 1 bedroom units and 14 garages. Longview West Street includes a Commercial property with 2 business suites. Reed Street Apartments is 3 multi-family buildings with 46 residential units, (45) 2 bedroom units, (1) 1 bedroom unit and 17 garages. Annie O. Apartments is a 4-plex with all 2 bedroom units. Mt. Pleasant Properties: Southpark Apartments is 4 multi-family buildings with 48 residential units, (24) 2 bedroom units, (24) 1 bedroom units and 1 maintenance garage. Englewood Apartments is 3 multi-family buildings with 24 residential units, (12) 2 bedroom units, (12) 1 bedroom units and 1 maintenance garage. Haynes Apartments is 2 multi-family buildings with (16) 2 bedroom units. Lincoln Apartments is 2 multi-family buildings with 8 residential units, (7) 2 bedroom units and (1) 1 bedroom unit.
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