BEDS1
BATHS2 full
MLS#834240
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Prairie Wind Apartments is a distinctive 17-unit community that blends 10 traditional apartment living with 7 furnished, dorm-style rooms, giving ownership the flexibility to run long-term leases alongside short-stay income. The furnished rooms are well suited to short-term rental platforms like Airbnb, tapping into the steady flow of visitors drawn to the Okoboji lake region each season. Built right along Hwy 71 in Milford, Iowa, the property has a proven rental history and sits within easy reach of the lake regions recreational draw. Its a straightforward, fully occupied asset with room to grow into its market rents. Offered at $950,000. Offering Memorandum available upon request...
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.35 Acres
Taxes: $7,068
Year Built: 1947
Units
Unit Type 1:
Bedrooms: 1
Bathroom Full: 1
Rent: $800
Square Footage: 750
Unit Type 2:
Bathroom Full: 1
Rent: $422
Square Footage: 700
Feature Descriptions
Days on Site: 13
Parcel: 1106151009
Rental: Yes
Rental Income: 10954
SQFT Below Finished: 2000
SQFT Main: 8882
Zoning: res
Listed By / Shown By
Listed By
Agency Name: Gateway Real Estate Advisors
Agency Phone: 712-226-8000
Shown By
Agency Title: United Real Estate Solutions
Agency Phone: 712-226-6000
Estimate Your Payment
Estimated Payment
$ 6,422.93 per month $5,556.85 Principal & Interest $589.00 Property Tax $277.08 Homeowner's Insurance
2212 Okoboji Ave | MLS# 834240
This multi-family property located at 2212 Okoboji Ave, Milford, IA 51351 is currently listed for sale with an asking price of $950,000. Search Milford real estate on www.unitedrealestatesolutions.com today.