- For Sale $1,400,000
- Property Type Multi-Family
- Property Size 6,380 SF
- Units 14
- Lot Size 0.64 Acre
- Cap Rate % 6.67
- NOI / YR $93,381.00
- Date Updated Nov 6, 2026
Description
115 Sugar Creek Lane is a 14-unit multifamily investment opportunity located in North Liberty, Iowa. Situated on 0.64 acres, the property consists of two buildings constructed in 1991 and 1995 and features fourteen units, including eight 2-bedroom, 1-bath units and six 2-bedroom, 1-bath units with in-unit washer and dryer.
Located in one of Eastern Iowa’s fastest-growing communities, the property benefits from strong rental demand and convenient access to the Iowa City–Cedar Rapids corridor. With a proforma NOI of $93,381 and a 6.67% cap rate, the offering provides stable cash flow with potential for future rent growth.
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Contacts
Gabe Golberg
WSG CRE
Josh Seamans
WSG CRE
Luke Rogers
WSG CRE
Tiffany E. Williams
WSG CRE
Location
Located at 115 Sugar Creek Lane, North Liberty, IA 52317, this property is part of the North Liberty neighborhood and Outside Market Area market.
Contact 115 Sugar Creek Lane
