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Listing ID: 202201363
Price: $5,750,000
Status: Active
Address: 2861 Spring Rose Cir
City: Coralville
State: Iowa
Postal Code: 52241
County: Johnson
Fully leased newer multi-family building. A mix of 1 and 2 bedroom units keep this property continually leased. All units have their own deck or patio and individual washer and dryers. Underground parking and large off street parking area. Located in a growing part of Coralville near shopping and restaruants. Buyer must present a pre-approval letter from a local lender prior to receiving financial informaiton or tours of individual units.

Primary Features

County: Johnson
Property Sub Type: Multi-Family
Property Type: Multi-Family
Year Built: 2016
Zoning: Multi-Family


Number of Fireplaces: 1
Unit 1 Bedrooms: 2
Unit 1 Dining Room: yes
Unit 1 Full Baths: 2
Unit 1 Living Room: yes
Unit 1 Number: 301
Unit 2 Bedrooms: 2
Unit 2 Dining Room: yes
Unit 2 Full Baths: 2
Unit 2 Living Room: yes
Unit 2 Number: 302
Unit 3 Bedrooms: 1
Unit 3 Dining Room: yes
Unit 3 Full Baths: 1
Unit 3 Living Room: yes
Unit 3 Number: 303
Unit 4 Bedrooms: 1
Unit 4 Dining Room: yes
Unit 4 Full Baths: 1
Unit 4 Living Room: yes
Unit 4 Number: 304


Lot Dimensions: Condo


Area: Coralville
Elementary School: Clear Creek
Geo Address Line: 2861 Spring Rose Cir
High School: Clear Creek
Junior/Middle School: Clear Creek


Addendum: ***Prior to releasing finacial and lease information, Buyer must present a pre-approval letter from a local lende with the address property and the list price of this specific property. If the Buyer is paying cash they need to provide a letter from their financial planner / manager or their personal banker.***
Aging in Place Form: No
Days on Market: 7
Elevators: Yes
Internet: yes
New Construction: no
Rental Permit: yes
Status Category: Active
Units Total: 36
Zero Step Entry: Yes


Gross Tax (County & City): 106528
Sale/Lease: For Sale
Tax ID: Various
Tax Year Report: 2020
Unit 1 Monthly Rent: 1375
Unit 2 Monthly Rent: 1300
Unit 3 Monthly Rent: 1025
Unit 4 Monthly Rent: 1025
Variable Rate: no

Zoning Info

© 2022 Iowa City Area MLS (ICAARMLS)
Information deemed reliable, but not guaranteed
Listing courtesy of Mike Bails of Urban Acres Real Estate Corridor

Contact - Listing ID 202201363

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Jeff Edberg

2346 Mormon Trek Blvd, Ste #2000
Iowa City, IA 52246
Phone: 319-331-6187
Phone Alt: 319-331-6187

Data services provided by IDX Broker

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