41 Unit Senior Living Apartment, Dubuque, IA

41 Unit Senior Living Apartment, Dubuque, IA

Member since 2019 · 24 posts · 23 votes

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $3,700,000
Cash invested: $100,000

Under contract. 41 unit independent Senior living apartment in west end of Dubuque, great location. Former nursing home, over $1M in rehab, 24 brand new apartments, 17 renovated plus 3,000 SF historic brick chapel (St. Philomena Chapel) plus 2 acres of vacant commercial land. Tons of upside!

Syndicating the deal raising $1M private capital. Contact me for the details!

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