1 Leased Downtown Unit! 1031 Exchange.
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1 Leased Downtown Unit! 1031 Exchange.
2 Properties Offered at $99,500 in Cedar Rapids, IA
Investment Highlights
- Downtown Cedar Rapids condo offered for over half of new construction cost! Terrific location!
- Terrific 1031 Replacement(s)!
Executive Summary
Please find attached the informational flyer, floor plans and video information on the downtown Cedar Rapids rental condominiums for sale. Right now this project is a two bedroom townhouse unit. There is 1 unit for sale.
Unit is currently vacant after long term tenant move. Unit will remain vacant for ease of showing and possible upgrades desired by buyer.
After you have reviewed the information and want more specific financial information please advise. Cap rate based on curren/ proforma rents. Thanks!
Darin
*Part owner licensed real estate broker selling for profit or loss
Unit is currently vacant after long term tenant move. Unit will remain vacant for ease of showing and possible upgrades desired by buyer.
After you have reviewed the information and want more specific financial information please advise. Cap rate based on curren/ proforma rents. Thanks!
Darin
*Part owner licensed real estate broker selling for profit or loss
Property Facts
| Price | $99,500 | Number of Properties | 2 |
| Price / SF | $1.49 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 66,712 SF |
| Status | Active | Total Land Area | 0.52 AC |
| Price | $99,500 |
| Price / SF | $1.49 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 66,712 SF |
| Total Land Area | 0.52 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Riverview Condos
400 1st St SE, Cedar Rapids, IA 52401 |
Multifamily | 65,612 SF | 1895 | - |
|
Riverview Condos
400 1st St SE, 4th Floor - Unit 404, Cedar Rapids, IA 52401 |
Flex Condo | 1,100 SF | 1895 | - |
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Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- Ceiling Fans
- Tile Floors
- Kitchen
- High Speed Internet Access
- Refrigerator
- Sprinkler System
- Range
- Tub/Shower
- Views
- Carpet
- Dining Room
- Patio
Site Amenities
- Fitness Center
- Laundry Facilities
- Security System
- Waterfront
- Gated
- Furnished Units Available
- Roof Terrace
- Multi Use Room
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Heartland Investment Partners
1 Leased Downtown Unit! 1031 Exchange.
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