546 W 2nd St, Webster City, IA for sale

Investment Overview

Mixed-Use Retail and Apartment Building consisting of 11 apartments, 2 retail units and a basement storage unit.

Investment Highlights

• Recent capital improvements include:
• • Tuck-pointing and masonry repairs throughout the exterior facade
• • Replacement of the roofing late last year.
• • Replacement of all above grade domestic plumbing lines with new PEX piping.
• • Replacement of the main storefront RTU with a new packaged heating/cooling unit.
• • Replacement of the convenience store furnace and AC unit.
• • Installation of new gutters.
• • Replacement of approximately 40% of the apartment appliances.
• • Installation of operational security cameras throughout the property.
• • Installation of key fob mag-lock access systems at the apartment entries (currently installed but not activated).
• • Addition of extra coin laundry machines in the laundry area.
• • Replacement of three apartment furnaces.