Ep. 1 — Ottumwa, IA · Mixed Use w/ Seller Finance (w/ Josh Kirby, Stanbrough Realty)
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Ep. 1 — Ottumwa, IA · Mixed Use w/ Seller Finance (w/ Josh Kirby, Stanbrough Realty)
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A proposito di questo titolo
Host Spencer Schelp talks with Josh Kirby of Stanbrough Realty about a rare small-market portfolio in Ottumwa, Iowa — a three-building mixed-use property held by the same owner for over 30 years.
💰 $1.8M ask · NOI ≈ $166K · Free & Clear
🤝 Seller Financing: 15–20% down · 5-year term · interest-only possible
🏢 Includes:
• 4,500 SF Nucara Pharmacy (2005)
• 12,000 SF 6-unit strip center (1968)
• 2-story mixed-use with 4 new apartments (2020 conversion)
🌆 Ottumwa, IA — a stable, blue-collar corridor with long-term tenants and steady cash flow.
Ownership is retiring and prefers a qualified buyer ready to continue the property’s success.
📞 Guest: Josh Kirby — Stanbrough Realty
✉️ josh.kirby@stanbroughrealty.com · 515-402-7941
🎧 Full episode on Spotify:
https://open.spotify.com/episode/1UwnPBDu11zH1hTHw9Iw01
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