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Lions Gate Apartments | 320 W 3rd St N

320 W 3rd St N, Newton, IA 50208
Available Now
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FOR SALEMultifamily / Apartments Building
Cap Rate
6.6%
Building Size
45,600SF
APN
08-34-105-005
Lot Size
0.96Ac
Year Built
2019
Occupancy
97%
Listing Contacts
Senior Advisor

More property details

Currently Leased
No
Property Class
B
No of Stories
3
Units
38

Features & amenities

Unit Amenities
24 Hour Access
Air Conditioning
Central Heating
Kitchen
Location Amenities
Public Transportation
Airport

Location

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Lions Gate Apartments | 320 W 3rd St N
About the location

MMG Real Estate Advisors, serving as the exclusive advisor, is pleased to present Lions Gate, a 38-unit multifamily community located in Newton, Iowa, for acquisition. Built in 2019, the property features modern construction and upscale finishes that enhance the resident experience in one of Central Iowa’s expanding secondary markets. Situated within the Des Moines metropolitan area and in close proximity to the Iowa Speedway and Newton’s Downtown District, Lions Gate offers residents convenient access to major employers, retail amenities, daily services, and entertainment options. With its stabilized operations, minimal maintenance requirements, and potential for future rent growth, the property represents an attractive investment opportunity for buyers seeking dependable cash flow and long-term value appreciation.

Lions Gate Apartments | 320 W 3rd St N
45,600 SF · multifamily · United States · IA