Berkadia Real Estate Advisors is pleased to present the exclusive opportunity to acquire Riverview Apartments, a well-located, value-add apartment community in Sioux City, Iowa. Riverview Apartments offers a buyer the opportunity to acquire an asset with great physical structure, and major upside potential, in a neighborhood proximate to key economic drivers such as: a large shopping mall, multiple colleges, restaurants, and big box retailers. The asset is conveniently tucked away in a quiet neighborhood, while simultaneously offering excellent visibility from a major highway.
Current ownership has positioned the asset in such a way that allows a buyer to come in and focus on unit interior upgrades. Having addressed heavy cap ex items such as roofs, exteriors, and plumbing, allows the next buyer to focus on revenue-generating expenses upon purchase.
Senior Managing Director
2600 Grand Boulevard, Suite 410
Kansas City, MO 64108
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
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