120 32nd St NE Cedar Rapids, IA 52402

Listing agency Skogman Commercial Group b***@skogman.com Show Phone

Listed by Brian Rosteck, CCIM · License #IA B59904000

Source Crexi

Added: Apr 11 Updated: Jul 23 at 1:15AM Checked: Jul 23 at 1:15AM

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Investment Insights

Based on property information with market context.

This multifamily apartment building consists of 23 units and offers an investment-focused layout for residential income. The property has had recent updates, and a roof maintenance plan is in place.

The building is centrally located in the Cedar Rapids metro market. Public remarks indicate an accepted offer as of 3/29/2023, with the seller willing to accept backup offers.

For buyers and brokers evaluating existing rent streams and property condition, the current rents are described as significantly lower than market in the seller’s remarks.

Key Highlights

• Apartment building with 23 units in the Cedar Rapids metro market
• Recent updates reported
• Roof maintenance plan in place

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FAQs

What type of property is this?

Apartment building - Apartment building with 23 units in the Cedar Rapids metro, with recent updates and a roof maintenance plan.

Where is this apartment building located?

The property is located at 120 32nd St NE Cedar Rapids, IA.

What are key features of this property?

This property features: Apartment building with 23 units in the Cedar Rapids metro market; Recent updates reported; Roof maintenance plan in place