Contact us: 563.441.1776
Description
Perfect investment for a builder or developer. The property for sale is 9 condominium rental homes and 27 undeveloped condo lots. Two condo buildings are built and there is a potential to build four more condo buildings. Existing condo units rent at approximately $2,100/month, request Proforma and Rent Roll from the Listing Agent. Approximately $2,750,000 for the 9 condo units ($305,555/unit) and $1,250,000 for the 27 condo lots ($46,300/lot). To be sold as a package.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 17
Bathrooms: 16
County: Johnson
High School: Clear Creek
Subdivision: NL PONDS EDGE
Listed By:
Skogman Realty Co.
Mark Lynch
319-625-6427
ICAAR MLS
MLS ID: 202605226
Units
Unit 1:
Bedrooms: 4
Baths Full: 4
Rent: $2000.00
Unit 2:
Bedrooms: 4
Baths Full: 4
Rent: $2000.00
Unit 3:
Bedrooms: 4
Baths Full: 4
Rent: $2000.00
Unit 4:
Bedrooms: 5
Baths Full: 4
Rent: $2000.00
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1500-1672 Ponds Edge Ct, North Liberty, IA 52317.
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563-441-1862
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| Loan Type | FHA 30 Year Fixed | 30 yr Jumbo |
| Purchase Price | $4,000,000 | $4,000,000 |
| Down Payment | $140,000 | $800,000 |
| Monthly Mortgage Amount | $24,503 | $20,226 |
| Taxes | $5567 | $5567 |
| Insurance | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 |
| Monthly Mortage Insurance | $2,400 | $0 |
| Monthly Estimated Total | $33,637 | $26,960 |
About this area
The city of North Liberty is located just north of Coralville and Iowa City and south of Cedar Rapids.
As of the 2010 census, the population of North Liberty was 13,374 people. From the years of 2000-2010, North Liberty has been the second fastest growing town in Iowa. Continue browsing this page to see all real estate options and houses for sale in North Liberty, IA. North Liberty is located outside of Iowa City. View homes for sale in the Iowa City area for more real estate options.
See more houses for sale in the Iowa City area.
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Nearest Ruhl&Ruhl Office
1075 Highway 1 West
Iowa City, IA 52246
Phone Number: (319) 339-8111
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/27/2026. The listing information on this page last changed on 08/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 08/27/2026 12:27:24 AM EST) or MRED MLS (last updated Thu 08/27/2026 12:19:05 AM EST) or SCWMLS (last updated Wed 08/26/2026 11:55:45 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 08/26/2026 10:15:51 PM EST) or Cedar Rapids MLS (last updated Wed 08/26/2026 10:44:17 PM EST) or NEIRBR MLS (last updated Thu 08/27/2026 12:18:44 AM EST) or ICAAR MLS (last updated Wed 08/26/2026 11:37:42 PM EST) or ECIMLS (last updated Wed 08/26/2026 11:44:36 PM EST) or RMLSA (last updated Thu 08/27/2026 12:20:59 AM EST) or Muscatine MLS (last updated Thu 08/27/2026 12:15:11 AM EST) or No Coast MLS (last updated Thu 08/27/2026 12:24:25 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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