A rare chance to secure a high-performing multifamily investment delivering a strong cap rate and full occupancy. This 24-unit, all 2-bedroom complex features private balconies, 9 garages, extra storage units and a proven rental track record. With minimal turnover and strong demand in a market with limited inventory, this asset provides reliable cash flow and excellent return on investment. Ideal for buyers seeking stable income.
Knoxville is located in Iowa. Knoxville, Iowa has a population of 7,537. Knoxville is less family-centric than the surrounding county with 35.55% of the households containing married families with children. The county average for households married with children is 36.97%.
The median household income in Knoxville, Iowa is $52,125. The median household income for the surrounding county is $66,822 compared to the national median of $69,021. The median age of people living in Knoxville is 40.1 years.
The average high temperature in July is 84.8 degrees, with an average low temperature in January of 12.4 degrees. The average rainfall is approximately 36.6 inches per year, with 27.9 inches of snow per year.
