Investor Alert! 128 Units Combined: 46 existing rental properties plus land to build 84 more apartments! Prime Location! Close to Downtown Iowa City & The University of Iowa Campus! This sale includes multiple properties, all contiguous, on both North Dodge and North Governor Street, North of Happy Hollow Park. Developers take advantage of existing cash flow, with the upside of additional on-site rental apartments to be built. There is a mix of properties, including two apartment buildings, duplexes, single-family homes, plus the bare apartment land to build on. All existing rentals are fully leased to student housing through 7/23/2026, with the majority now leased through 7/23/2027. The owner is an Iowa Broker. This sale is subject to a 1031 tax-deferred exchange.