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MULTI-FAMILY REDEVELOPMENT OPPORTUNITY 217 19th St Immeuble residentiel 87 lots À vendre Sioux City, IA 51105
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Résumé analytique
REDEVELOPMENT POTENTIAL
Primed for redevelopment, this Sioux City property presents a compelling opportunity for affordable, workforce, or HUD-supported housing. The site may be well-suited for developers or housing providers seeking to pursue public/private incentives, tax credits, grant programs, or other low-income housing initiatives. Buyer to verify zoning, density, program eligibility, and available development incentives.
PROPERTY SPECIFICATIONS
Luma Heights Apartments
217 19th Street Sioux City, IA 51105
Mid-rise apartment building
Class A Potential
(87) apartments & (12) parking stalls on 0.69 acres
Unit mix: (42) studios, (35) 1-beds, (5) 2-beds & (5) 3-beds
Rentable area: 74,037 SF | Gross area: 82,257 SF
Built 1920; formerly a hotel, converted to apartments
Creative financing options available
Purchase Price: unpriced
GENERAL OFFERING
The Sioux City-IA-MSA boasts one of the nation’s lowest unemployment rates at 3.2% as of April 2026. Sioux City benefits from a diversified regional economy, strong industrial and food-processing presence, and central access to Interstate 29, rail, river transport, and Sioux Gateway Airport.
Primed for redevelopment, this Sioux City property presents a compelling opportunity for affordable, workforce, or HUD-supported housing. The site may be well-suited for developers or housing providers seeking to pursue public/private incentives, tax credits, grant programs, or other low-income housing initiatives. Buyer to verify zoning, density, program eligibility, and available development incentives.
PROPERTY SPECIFICATIONS
Luma Heights Apartments
217 19th Street Sioux City, IA 51105
Mid-rise apartment building
Class A Potential
(87) apartments & (12) parking stalls on 0.69 acres
Unit mix: (42) studios, (35) 1-beds, (5) 2-beds & (5) 3-beds
Rentable area: 74,037 SF | Gross area: 82,257 SF
Built 1920; formerly a hotel, converted to apartments
Creative financing options available
Purchase Price: unpriced
GENERAL OFFERING
The Sioux City-IA-MSA boasts one of the nation’s lowest unemployment rates at 3.2% as of April 2026. Sioux City benefits from a diversified regional economy, strong industrial and food-processing presence, and central access to Interstate 29, rail, river transport, and Sioux Gateway Airport.
Informations sur l’immeuble
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| Studios | 42 | - | 42 |
| 1+1 | 35 | - | 56 |
| 2+1 | 5 | - | 74 |
| 3+1 | 5 | - | 84 - 8 370 |
1 1
Moyennement praticable à pied
60/100
Moyennement adapté aux voitures
70/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
Taxes foncières
| Numéro de parcelle | 894721306009 | Évaluation des aménagements | 2 224 372 € |
| Évaluation du terrain | 672 937 € | Évaluation totale | 2 897 309 € |
Taxes foncières
Numéro de parcelle
894721306009
Évaluation du terrain
672 937 €
Évaluation des aménagements
2 224 372 €
Évaluation totale
2 897 309 €
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MULTI-FAMILY REDEVELOPMENT OPPORTUNITY | 217 19th St
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