Listed by Q4 Real Estate
$3,125,000
Creekside Apartment Complex
Details
APN 14303-80017-01062
Property Type Multifamily
Sub Type Apartment Building
Square Footage 32,895
Net Rentable (SqFt) 32,895
Units 76
Occupancy 88.16%
Price per SqFt $95
Broker Co-Op Yes
Class C
Year Built 1975
Buildings 4
Stories 3
Acreage 2.006
Investment Type Value Add
Ownership Investor
76-Unit value-add multi-family property located on the Southwest side of Cedar Rapids, IA.
Marketing description
Great opportunity to acquire Creekside Apartments. This property, located just off Williams Blvd SW and 16th Ave SW in Cedar Rapids, Iowa, consists of 76 residential apartment units. Unit makeup consists of 17 Studios, 38 1Bd/1Ba, 16 1Bd/1Ba (2 lvl), 4 2Bd/1Ba, and 1 3Bd/2Ba. The sale also includes 13 attached garage units. The property sits on approximately 2.006 Acres of ground and contains 92 surface parking stalls and a common-area laundry room.
Listing Contacts
Listed by Q4 Real Estate
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