The Meadows

400 13th Ave NW, Oelwein, IA 50662, USA
Available Now
37 views
FOR SALEMultifamily / Apartments Building
Building Size
33,076SF
Lot Size
5.41AC
Year Built
1999
Currently Leased
No
No of Buildings
4
No of Stories
3
Listing Contacts
Senior Advisor

More property details

Units
36

Location

Loading map…
The Meadows
About the location

MMG Real Estate Advisors is pleased to exclusively present The Meadows Apartments—a 36-unit multifamily property located in Oelwein, Iowa, the largest city in Fayette County. This community offers a mix of spacious one-, two-, and three-bedroom apartment homes in a peaceful residential neighborhood, surrounded by natural beauty and mature landscaping.
Conveniently located near grocery stores, schools, parks, shopping, dining, and entertainment, The Meadows Apartments combine comfort with accessibility. The property will be delivered free and clear of any existing debt. Additionally, the seller is offering two nearby properties—an 8-unit and a 57-unit community—within approximately one mile, presenting a strong portfolio acquisition opportunity.

Location highlights
  • 36-Unit Property Featuring a Diverse Unit Mix and Value-Add Potential
  • Well-Maintained Asset with Major Recent Upgrades
  • Opportunity for Rent Increases and Further Enhancements
  • Additional Revenue Through Garage Leasing
  • Potential to Add Amenities or Expand the Site
  • Strategically Located in a High-Demand Market
  • Scalable Investment with Nearby Portfolio Options Available
The Meadows
33,076 SF · multifamily · United States · IA