11 Beds
15 Baths
514 SqFt
11 Beds
15 Baths
514 SqFt
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 514 sqft
Price per Sqft $0
MLS Listing ID 737444
Bedrooms 11
Full Baths 15
HOA Fees $12,250/ann
HOA Y/N Yes
Year Built 1900
Annual Tax Amount $7,552
Property Description
• Online-Only Bidding: register at www.bidheritage.hibid.com
• Offering: All 15 condo units as (1) portfolio package
• Online Bidding Ends: April 30th at 6:00 PM (CT)
The Jewel Condominiums, a second-level multifamily development located directly across from the courthouse. Offering includes 15 deeded condo units (11 one-bedroom, 4 efficiency) Ten units are nearly complete while five units are taken to the studs and ready for finishing. Common areas have been updated, and a new roof was installed in 2025. Property features elevator access, two secured entrances (1st Ave & 1st St), city water/sewer, electric heat, and central A/C.
Project is currently vacant, providing flexibility for an investor to complete construction and implement a lease-up or resale strategy. Strong small-market rental demand and walkable downtown location enhance long-term potential.
It is highly encouraged that prospective bidders tour the property and conduct their own assessment, prior to bidding. The Property will be open for preview on the following dates.
• Saturday, April 11th at 10:00am to 12:00pm (CST)
• Saturday, April 25th at 10:00am to 12:00pm (CST)
To arrange a private tour of the property, please contact listing agent.
All information is believed to be accurate but not guaranteed. Buyers should conduct their own due diligence and personally inspect the property prior to bidding. Property is being offered at auction in “As Is” condition.
Location
State IA
County Jasper
Area Newton
Zoning Resid
Interior
Heating Electric, Forced Air
Cooling Central Air
Fireplace No
Exterior
Private Pool No
Building
Dwelling Type Apartment,Multi Family
Sewer Public Sewer
Water Public
Schools
School District Newton
Others
HOA Name Jewel Condominium HOA
Tax ID 0834142001
Monthly Total Fees $12, 879
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Auction
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty