Community Terrace Apartments — Sale in Newton, IA

  • Price: $635K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Newton, IA 50208

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Description

New Listing | Multifamily | 12 Units | Newton, IA Address: 115 South 5th Avenue West, Newton, IA List Price: $635,000 Cap Rate: 8.72% Year Built: 1977 Number of Units: 12 Unit Mix: 6-1BR/1BA; 6-2BR/1BA Total Building SF: 8,424 Parcel Size: 0.51 acres Recent capital improvements include a new roof in 2023

Market Context

This multifamily in Newton, IA is listed for sale at $635,000. Compare it against other multifamily listings for sale in Newton, IA — view the full market.

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