2 Leased Downtown Units! 1031 Exchange.
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2 Leased Downtown Units! 1031 Exchange.
2 Flex Properties Offered at $176,400 in Cedar Rapids, IA
Investment Highlights
- Downtown Cedar Rapids condos offered for over half of new construction cost! Terrific location!
- Property Management Currently In Place For All Units.
- Terrific 1031 Replacement(s)!
- Priced at Less than $85K Per Unit!
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 mix of studio to large two bedroom units. There are 2 units for sale.
After you have reviewed the information and want more specific financial information including individual rents,
income and expense information let me know and I can forward up to date information to you for review. Cap rate based on current and proforma rents. Thanks!
Darin
*Part owner licensed real estate broker selling for profit or loss
After you have reviewed the information and want more specific financial information including individual rents,
income and expense information let me know and I can forward up to date information to you for review. Cap rate based on current and proforma rents. Thanks!
Darin
*Part owner licensed real estate broker selling for profit or loss
Property Facts
| Price | $176,400 | Number of Properties | 2 |
| Price / SF | $103.76 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 1,700 SF |
| Status | Active |
| Price | $176,400 |
| Price / SF | $103.76 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 1,700 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Riverview Condos
400 1st St SE, 4th Floor - Unit 404, Cedar Rapids, IA 52401 |
Flex Condo | 1,100 SF | 1895 | - |
|
Riverview Condos
400 1st St SE, 3rd Floor - Unit 307, Cedar Rapids, IA 52401 |
Flex Condo | 600 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
2 Leased Downtown Units! 1031 Exchange.
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