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2212 Okoboji Ave, Milford, IA 51351

$950,000

  • MLS# 834240
  • Bedrooms N/A
  • Bathrooms 1
  • Total Sq.ft 10,882
  • Property Type Multi-Unit
  • Year Built 1947

Property Description

Prairie Wind Apartments is a distinctive 17-unit community that blends 10 traditional apartment living with 7 furnished, dorm-style rooms, giving ownership the flexibility to run long-term leases alongside short-stay income. The furnished rooms are well suited to short-term rental platforms like Airbnb, tapping into the steady flow of visitors drawn to the Okoboji lake region each season. Built right along Hwy 71 in Milford, Iowa, the property has a proven rental history and sits within easy reach of the lake region's recreational draw. It's a straightforward, fully occupied asset with room to grow into its market rents. Offered at $950,000. Offering Memorandum available upon request.

Legal: MILFORD STERNBERG'S PLATLOT 11
Active

Property Information

  • 834240
  • $950,000
  • 2212 Okoboji Ave
  • Surrounding Areas/Other Areas
  • Milford
  • Dickinson
  • IA
  • Sale
  • Multi-Unit
  • 10882
  • 57
  • 1947
  • 1
  • 51351
  • 7068

LISTED BY

Gateway Real Estate Advisors, Nic Madsen (712.540.6562)

Property Location

Request Info For MLS #834240

RE/MAX Experience - Licensed In Iowa,Nebraska,South Dakota Each Office Independently Owned And Operated.

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