12458 Hwy.18, Postville, IA 52162
MLS ID #:
20250972
Property Address:
12458 Hwy.18
Postville, IA 52162
Postville, IA 52162
County:
Clayton
Region:
Outside the Metro Area
Year Built:
1954
Property Type:
Residential Income
Sub-Type:
Multi-Family 5+
Number of Units:
34
School:
Postville
Date Listed:
March 12th, 2025
Status:
Active
Price:
$695,000.00
Gross Taxes:
$8,494.00
Tenant Responsible:
None
Sale/Rent:
For Sale
Terms/Lease:
Month To Month
Sale/Lease Type:
Normal Sale
Docs on File:
Legal Description
Zoning:
C
Legal Desc:
Lots 1 & 2 NE NW 4 95 6
Laundry:
1st Floor
Basement:
Block
Garage Type:
Parking Area, None
Garage/Parking:
Parking Area, None
Off-Street Parking:
30.00
Total Fin Sq Ft:
8,463 sq ft
Fin Above Grade:
6,523 sq ft
Lot Sq Footage:
156,903
Lot Dimensions:
triangle
Reg/Irreg:
Irreg
Acres:
0
Siding:
Steel, Vinyl
Construction:
Frame
Roof Type:
Membrane, Metal
Utilities Available:
Other
Water Type:
City
Sewer Type:
City Sewer
Fuel Type:
Natural Gas
Water Sep by Unit:
No
Elec Sep by Unit:
No
Heat Sep by Unit:
Yes
Cooling:
Wall Unit(s)
Flood Plain Class:
C/X - Not in Flood Plain
Remarks: Investment Opportunity!!! Don't let this one pass you by. 34 room motel. This motel has 15 long term rentals with 19 short term/overnight rentals. The property sits on 3.60 acres of land on the edge of Postville. Features of the property include a care takers apartment, guest laundry, Updates include : a metal roof new aprox 8 yr. Most rooms have been renovated to include new heat/cooling units, electrical, all lower level rooms added in the last 6 years. Common areas to include kitchen and laundry facitlity. Warehouse/shed 56' x36' metal shed sits to the rear of this property. Books open to qualified buyers
Listing provided courtesy of Homestead Realty, LLC.Listing Agent: Lisa Wescott
IDX data comes from the Northeast Iowa Regional Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.