413 East Main Street , Lamoni, IA 50140(Decatur County)

For Sale 6-Plex With Great Return

Property # 74620

Located right off of Main Street in Lamoni lies a tremendous investment opportunity. This 6-plex has so much to offer as it is situated mile from Graceland University & less than mile to downtown Lamoni, IA. It is also in very close proximity to all grocery stores & the public schools. Location is no joke with this property!

This 6-plex also offers an excellent Return on Investment at full list price. It is running nearly a 10.5% Net ROI and is currently 100% leased out.

The 6-plex is comprised of four 2 bedroom/1bathroom & two 3 bedroom/1 bathroom units. There is also a nice basement area that has storage units for all tenants and the community laundry area.

Features Include:

- Two 3 bedroom/1bathroom units

- Four 2 bedroom/1bathroom units

- 10.5% Net ROI

- Great Location in College Town

- Currently 100% Leased Out

For more information on this property o...