5300 Stone Ave, Sioux City, IA 51106

General Description

The Maple Heights Apartments and Maple Heights Annex sits a top Stone Blvd and overlooks the beautiful Sunrise Retirement Home Campus. You’ll be hard pressed to find apartment views as beautiful as these. With easy access to Gordon Drive and Hwy 20, this complex is mere minutes away from shopping, groceries and entertainment. This property is a HUD apartment complex for 62 years & older and includes two parcels 894736452014 and 894736452015 for a total of 70 apartment units on 2.83 acres. Maple Heights, the larger section was built in 1985 with a total of 50 apartments (15 - efficiency & 35 – 1B 1B). The Annex, the smaller section was built in 1998, to include 20 apartments (19- 1B 1B & 1- 2B 1B). Each unit has AC and a Pull Cord Call System. Resident amenities to include laundry, controlled access and outside patio. The price boosts a 5% ROI, with assumable PRAC Financing. Financials available with a signed CA.

Legal: LL-SC COMM 89-47 AN IRREG TCT BEG NE CORNER NE SW SE THEC S 27 FT THEC W 35 F T TO POB; THEC S 22 0 FT THEC W 204.28 F T THEC N 34 FT THEC W 91.12 FT THEC N 98 FT THEC W 28.6 FT THEC N 88.09 FT THEC E 321.30 FT TO POB NE SW SE 36-89-47