Investment Opportunity in Mount Ayr, Iowa! Discover the potential of this exceptional income-producing property featuring a 12-unit apartment complex, commercial office space, and over 2 acres of prime commercial real estate in a highly visible location along Highway 2. All apartment units offer 2 bedrooms, 1 bathroom, and in-unit laundry, providing desirable amenities for tenants. The commercial space is currently occupied by a medical office and offers additional room for expansion or the addition of other businesses. With over 2 acres of land, this property presents an excellent opportunity for future development, including additional rental units or commercial improvements to maximize income potential. Strategically located on Highway 2, the property benefits from strong traffic exposure and easy accessibility, making it an attractive investment for both residential and commercial tenants. Contact the listing agent today for additional details and financial information.
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Mount Ayr is located in Iowa. Mount Ayr, Iowa has a population of 1,832. Mount Ayr is less family-centric than the surrounding county with 23.77% of the households containing married families with children. The county average for households married with children is 31.29%.
The median household income in Mount Ayr, Iowa is $46,125. The median household income for the surrounding county is $57,700 compared to the national median of $69,021. The median age of people living in Mount Ayr is 44.1 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 36.6 inches per year, with 20.1 inches of snow per year.
