Contact us: 563.441.1776
Description
INVESTOR ALERT! What an opportunity!! This listing includes 3 separate 5 Bedroom 4 Bath homes (101,102 & 105 Kelly's Ct.) all former assisted living facilities ready to be transformed into your dream investment. All 3 buildings are the same layout and very similar inside. Unique Investment Opportunity ? 3-Building Former Assisted Living Facility next to the Waldorf University campus Don't miss this rare opportunity to own a multi-building property with endless potential! Formerly operated as an assisted living facility, this property features three separate buildings situated on a spacious cul-de-sac, providing privacy and convenience. With a large paved parking lot and room for expansion or redevelopment, the layout is ideal for a variety of uses?senior housing, multifamily conversion, group living, rehabilitation center, office complex, or other institutional or residential purposes (subject to zoning). The property covers the entire cul-de-sac, offering maximum accessibility and presence. Each building includes multiple rooms, common areas, restrooms, and kitchen facilities designed for residential care, with infrastructure already in place to support similar operations. Bring your vision and transform this one-of-a-kind property into your next successful venture!
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 4,100
Built in 1985
Brick Exterior
General Information
Bedrooms: 15
Bathrooms: 12
Sqft: 4,100
County: Winnebago
Listed By:
Iowa Home & Land Realty
515-423-0195
No Coast MLS
MLS ID: 6332628
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101 Kelly's Court, Forest City, IA 50436.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $725,000 | $725,000 | $725,000 |
| Down Payment | $145,000 | $25,375 | $181,250 |
| Monthly Mortgage Amount | $3,571 | $4,383 | $4,479 |
| Taxes | $1009 | $1009 | $1009 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $319 | $0 |
| Monthly Estimated Total | $4,791 | $5,922 | $5,699 |
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.” Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.
Listings courtesy of No Coast MLS as distributed by MLS GRID.
DMCA Notice:
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information:
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