Newbury Village Burlington, IA

Investment Highlights

• $100+ Per Unit Rent Upside via LVP Flooring and Updated Appliances
• Comprehensive, Functional Amenities Driving Resident Retention 
• Stable, Long-Term Ownership Since 2015 Ensuring Operational Continuity 
• Attractive Mix of Mostly Townhome Style Units
• Strategically Located Near Major Retailers with Strong Connectivity
• Offered Free and Clear of Existing Debt 

$100+ Per Unit Rent Upside via LVP Flooring and Updated Appliances

With 59 units untouched since the last renovation completed in 2006, Newbury Village offers a clear path to increased revenue. By implementing light cosmetic upgrades, a new owner can easily modernize the units and justify significant rent increases.

These cost-effective improvements, installing luxury vinyl plank flooring and appliances, have a proven track record of success at Newbury Village. This targeted renovation strategy unlocks a compelling upside while requiring minimal capital deployment providing a ~40% ROI for future ownership.

Comprehensive, Functional Amenities Driving Resident Retention 

Newbury Village provides a full suite of practical amenities that enhance resident satisfaction and support strong retention rates. 

The property’s on-site amenities include: 

• Full-Size Washer & Dryer in All Units

• Large Clubhouse

• Fitness Center

• Private Entrances & Patio

• Grill/Picnic Area for Outdoor Gatherings

• Reserved Garages and Off-Street Parking

• Playground

Newbury Village’s amenity package hits the sweet spot of practicality and convenience, differentiating the property from basic housing options. The well-maintained grounds and community features ultimately help reduce turnover and protect the property’s cash flow by keeping occupancy high.

Stable, Long-Term Ownership Since 2015 Ensuring Operational Continuity 

Newbury Village has been under the same professional ownership and management since 2015, providing nearly a decade of consistent performance and stability. This long-term commitment shows the property has been well-maintained and operated without the frequent disruptions of ownership changes.

For a new buyer, this means a smooth transition with reduced risk. All major systems, from leasing to maintenance, are already in place, allowing you to step into a stable situation with immediate cash flow and proven operational processes. The seller’s extended hold also suggests a solid foundation to build on, with potential for new ownership to find untapped efficiencies and further optimize the property.

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