Prairie Wind Apartments is a distinctive 17-unit community that blends 10 traditional apartment living with 7 furnished, dorm-style rooms, giving ownership the flexibility to run long-term leases alongside short-stay income. The furnished rooms are well suited to short-term rental platforms like Airbnb, tapping into the steady flow of visitors drawn to the Okoboji lake region each season. Built right along Hwy 71 in Milford, Iowa, the property has a proven rental history and sits within easy reach of the lake region's recreational draw. It's a straightforward, fully occupied asset with room to grow into its market rents. Offered at $950,000. Offering Memorandum available upon request.
Legal: MILFORD STERNBERG'S PLATLOT 11
834240
$950,000
2212 Okoboji Ave
Surrounding Areas/Other Areas
Milford
Dickinson
IA
Sale
Multi-Unit
10882
83
1947
1
51351
7068
Gateway Real Estate Advisors, Nic Madsen (712.540.6562)