Otter Creek Cottages

MMG Real Estate Advisors is proud to exclusively offer The Otter Creek Cottages—a 57-unit multifamily community located in Oelwein, Iowa, the largest city in Fayette County. This single-story property features a mix of spacious one- and two-bedroom apartment homes, nestled in a peaceful residential area. The cottages are surrounded by mature trees, lush landscaping, and beautifully maintained grounds, offering a tranquil, nature-inspired setting.
Ideally situated near grocery stores, schools, parks, shopping, dining, and entertainment, Otter Creek Cottages provides both convenience and comfort. The property will be delivered free and clear of any existing debt. Additionally, the seller is offering two nearby properties—located within approximately one mile—consisting of 8 and 36 units, presenting a strong opportunity for portfolio growth.