312 ELM ST
MANNING, IA 51455

Investment opportunities like this don’t hit the market often! For sale is a very profitable apartment building, located in the thriving community of Manning, Iowa. This apartment building was built in 1994 and is always full. You can start seeing a return in the first month! The need for affordable housing in Carroll County is in demand and this building is an opportunity you will want to take advantage of! The apartment features 5 total units, all have 2 bedrooms, 1 bathroom, and 1 car garage with remote openers. Tenants pay all utilities. Stable long term tenants are currently in place. Current rent roll exceeds $3,000 per month. Vacancies are seldom and fill quickly due to the walkable location of the complex. 1 block to downtown restaurants, shopping, and entertainment. This property is turn-key ready and offers a great ROI! Please contact James Johnston at 712-790-2978 to schedule showings.

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