$3,500,000
42,000
1.61 Acre Lot

100 66th Avenue Sw, Cedar Rapids, Iowa 52404

  • Residential Property Type
  • 42,000 Square Footage
  • Parking Space(s) Cars Garage
  • 1978 Year Built
Property Description

48 total units, includes 6 buildings with 8 units each. Most are 4 bedroom units. Each building has common laundry. Pro forma numbers provided estimate average unit rent to bring $1,150/month in rent with a 50% expense to income ratio. Current owners invested in updating units already and contractor is on deck to finish any remaining renovations. Currently going through lease up.

Basic Details
Residential
For Sale
2404818
$3,500,000
42,000
1978
1.61 Acre
SKOGMAN REALTY
Active
Multi Family
Features
: Electric
: Wall/Window Unit(s)
: Parking Space(s)
: Separate Meters
: Common Area
: Public Sewer
Address Map
US
IA
Linn
Cedar Rapids
52404
66th
100
Avenue
S-RMF
380-S to Kirkwood Blvd/Bowling St exit, right on ramp to kirkwood community college, merge onto kirkwood blvd sw, turn right onto 66th ave sw, destination on right.
SW Quadrant
SW
Neighborhood
College Comm
College Comm
College Comm
Additional Information
https://www.propertypanorama.com/instaview/cdr/2404818
: Public
: Vinyl Siding, Frame, Wood Siding
: Slab
70194
48
2024-07-10
Financial
55697.0
Listing Information
John Beardsworth
Steve White
whitesteve121
CSKN05
SKOGMAN REALTY COMMERCIAL
CSKN
Cash,Conventional
Active
2024-07-12T03:06:50Z
CDR
2024-07-11T15:36:47Z
Agent info
Lepic-Kroeger REALTORS®
Contact Agent