For Sale
$850,000
2107 Blairs Ferry Rd Cedar Rapids, IA 52402
12-Unit Apartment Building, 8% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 132
Highlights
- $850,000 Asking Price for a Value-Add Multifamily Investment Opportunity.
- 12-Unit Apartment Building in Cedar Rapids, IA.
- 8% Cap Rate with $68,005 NOI and 92% Occupancy.
- 16,093 Square Feet on a 0.369-Acre Lot.
- 24 Parking Spaces (2 per unit) including 8 detached garages.
Property Details for 2107 Blairs Ferry Rd
- Property type
- Apartment buildings
- Square Feet
- 16,093 SF
- Class
- B
- Year Built
- 1968
- Buildings
- 1
- Stories
- 3
- Lot Size (sq. ft)
- 16,074 SF
- Units
- 12
Location Insight
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Latitude
- 42.0345543
- Longitude
- -91.6706783
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 12-Unit Apartment Building, 8% Cap Rate
- Where is the apartment building located?
- The property is located at 2107 Blairs Ferry Rd Cedar Rapids, IA.
- What is the asking price?
- The asking price for this property is $850,000.
- What are key features of this property?
- This property features: $850,000 Asking Price for a Value-Add Multifamily Investment Opportunity.; 12-Unit Apartment Building in Cedar Rapids, IA.; 8% Cap Rate with $68,005 NOI and 92% Occupancy.
- How can I contact the broker?
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