2701-2731 Cedar St | Norwalk, IA 50211
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2701-2731 Cedar St
Norwalk, IA 50211
Legacy Landing · Multifamily Property For Sale · 120 Units
Investment Highlights
- Phenomenally well-positioned for continued rent growth
- Norwalk has experienced 43% population growth since 2010
- Newest market-rate community in Norwalk
PROPERTY FACTS
| No. Units | 120 | Lot Size | 7.50 AC |
| Property Type | Multifamily | Building Size | 112,000 SF |
| Property Subtype | Apartment | Average Occupancy | 93% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | A | Year Built | 2016 |
| No. Units | 120 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | A |
| Lot Size | 7.50 AC |
| Building Size | 112,000 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built | 2016 |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Security System
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Satellite TV
- Oven
- Sprinkler System
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Freezer
- Island Kitchen
- Pantry
- Patio
- Smoke Free
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
- Window Coverings
Site Amenities
- 24 Hour Access
- Business Center
- Controlled Access
- Clubhouse
- Fitness Center
- Property Manager on Site
- Media Center/Movie Theatre
- Recycling
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | - | 626 |
| 2+2 | 72 | - | 855 - 908 |
| 3+2 | 24 | - | 1,119 - 1,158 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $12,748,100 | |
| Land Assessment | $1,734,500 | Total Assessment | $14,482,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,734,500
Improvements Assessment
$12,748,100
Total Assessment
$14,482,600
zoning
| Zoning Code | R-4 |
| R-4 |
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