908 Us Highway 69Huxley, IA 50124

This exceptional 40-unit multifamily property, situated on 4.59 acres in Huxley, Iowa, presents a compelling redevelopment opportunity. Originally operating as an assisted living facility, the property boasts a prime location along Highway 69, near residential areas and various commercial amenities, including a nearby convenience store. The 1997-built, two-story building features twelve garages, ample outdoor sitting areas, individual patios and balconies, a workout room, library, and entertainment room. The existing dining room and commercial kitchen offer potential for conversion into additional residential units. The property includes a sprinkler system, elevator, significant on-site storage, and secure access. The expansive lot allows for potential expansion on the south side or parceling for additional retail/commercial development. This presents a unique chance to reposition this property as a market-rate or independent living multifamily complex, capitalizing on its existing infrastructure and desirable location. The property's amenities and location make it an attractive investment for developers and investors seeking a high-potential redevelopment project in a growing Iowa community. The property is conveniently located at 908 N US Hwy 69, Huxley, IA 50124.