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1110 N Dubuque St

Iowa City, IA 52242
  • $45,000,000
  • STATUS: Active
  • ON SITE: 104 Days
  • MLS #: 202303319
UPDATED: 53 min ago
$45,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1968
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

The Mayflower Residence Hall was originally built as a private facility in 1968 before it was purchased by the University of Iowa. It has 326,000 SF of interior space, with 523 rooms built and furnished to house 1015 residents as a dormitory with 1-4 residents per unit. It will be delivered to the buyer vacant in the summer of 2024. The first floor has a C-store, ITC, several lounges, classrooms, meeting rooms and a gym. There are both management and maintenance facilities making property management self-contained. Sitting on 4.1 acres (m/l). See Full Comments and Flyer in Assoc Docs. Flyer contains floor plans and pro forma.

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© 2023 Iowa City Area Association of Realtors. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2023-10-03T10:25:55.55
www.gwenjohnson.com/homes/140754600
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1110 N Dubuque St Iowa City, IA 52242

  • Price: $45,000,000
  • Status: Active
  • On Site: 104 Days
  • Updated: 53 min ago
  • MLS #: 202303319
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1968
Built
Neighborhood:
Unknown
County:
Johnson
Area:
Iowa City
Elementary School:
Shimek
Middle School:
Southeast
High School:
City
Property Description
The Mayflower Residence Hall was originally built as a private facility in 1968 before it was purchased by the University of Iowa. It has 326,000 SF of interior space, with 523 rooms built and furnished to house 1015 residents as a dormitory with 1-4 residents per unit. It will be delivered to the buyer vacant in the summer of 2024. The first floor has a C-store, ITC, several lounges, classrooms, meeting rooms and a gym. There are both management and maintenance facilities making property management self-contained. Sitting on 4.1 acres (m/l). See Full Comments and Flyer in Assoc Docs. Flyer contains floor plans and pro forma.
Exterior Features

Construction See Remarks

Interior Features

Appliances Range/OvenRefrigerator Basement See Remarks Cooling Steam/HotwaterOther Cooling Elevators Yes Number Fireplaces 0 Unit1 Number Full Baths 0 Unit1 Number Half Baths 0 Unit1 Number34 Baths 0 Unit1 Numberbedrooms 0 Unit2 Number Full Baths 0 Unit2 Number Half Baths 0 Unit2 Number34 Baths 0 Unit2 Numberbedrooms 0 Unit3 Number Full Baths 0 Unit3 Number Half Baths 0 Unit3 Number34 Baths 0 Unit3 Numberbedrooms 0 Unit4 Number Full Baths 0 Unit4 Number Half Baths 0 Unit4 Number34 Baths 0 Unit4 Numberbedrooms 0

Property Features

Amenities ParkSidewalksStreet LightsClose To SchoolOn Bus LineLive/WorkOther Annual Assoc Fee 0 Annual Gross Expense 2177862 Annual Gross Income 8094600 Bank Owned No Electric Annually 127500 Fee Includes Other Gas Annually 127500 Gross Taxcounty And City 940885 Insurance Annually 62337 Internet Yes Lot Dimensions Irregular Maintenance Annually 296640 New Construction No Parking Spaces 4 Or More Cars Possible Finance CashConventional Rental Permit Yes Sale Lease For Sale Sqft Above 326000 Sqft Lower 0 Type Multi-Family Unit1 Dining Room No Unit1 Living Room No Unit1 Monthly Rent 0 Unit2 Dining Room No Unit2 Living Room No Unit2 Monthly Rent 0 Unit3 Dining Room No Unit3 Living Room No Unit3 Monthly Rent 0 Unit4 Dining Room No Unit4 Living Room No Unit4 Monthly Rent 0 Water Annually 98000 Water Sewer City SewerCity Water Zoning Currently P2

Listing information © 2023 Iowa City Area Association of Realtors.
Listing provided courtesy of Jeff Edberg of Lepic-Kroeger, Realtors: 319-351-8811.



© 2023 Iowa City Area Association of Realtors. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2023-10-03T10:25:55.55
 
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