95-Unit Studio Apartment
For Sale
Contact for pricing
3350 University Ave, Waterloo, IA 50701
Large 95-unit studio apartment building on a 2.28-acre site along University Avenue.
Property Size33,488 SF
Lot Size2.28 Acres
Days on Market137
Property Features for 3350 University Ave
General Information
Standard status
Active
Size
33,488 SF
Lot size
2.28 Acres
Property subtype
Multifamily
Zoning
C-2
Additional Details
Traffic Count
10,800 vehicles/day
Multifamily Units
95
Listing Agency:
Miehe Commercial Real Estate
(319) 269-6222
Listed By:
Matt Miehe · License #B58183000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 12:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miehe Commercial Real Estate
Investment Insights
Based on property information with market context.
This large 33,488-square-foot, 95-unit studio apartment building is offered for sale. The property is situated on a 2.28-acre lot and is described as being located within Waterloo’s newest tax-increment financing (TIF) district.
The building is positioned along newly renovated University Avenue, identified as the main thoroughfare between Cedar Falls and Waterloo. The property is described as having commercial zoning (C-2) and an average daily traffic count of 10,800.
The listing presents the asset as a multi-unit residential income opportunity configured as studio apartments within a C-2 zoning context.
The building is positioned along newly renovated University Avenue, identified as the main thoroughfare between Cedar Falls and Waterloo. The property is described as having commercial zoning (C-2) and an average daily traffic count of 10,800.
The listing presents the asset as a multi-unit residential income opportunity configured as studio apartments within a C-2 zoning context.
Key Highlights
- 33,488 SF, 95‑unit studio apartment building
- 2.28‑acre lot on University Avenue between Cedar Falls and Waterloo, IA
- Located in Waterloo’s newest tax‑increment financing (TIF) district
Property Analytics
Property Profile
Current Use
Lease Details
95
Residential units
10,800 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Explore this area
Business Placement
Demographics for 50701, IA
29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Large 95-unit studio apartment building on a 2.28-acre site along University Avenue.
Where is this apartment building located?
The property is located at 3350 University Ave Waterloo, IA.
What are key features of this property?
This property features: 33,488 SF, 95‑unit studio apartment building; 2.28‑acre lot on University Avenue between Cedar Falls and Waterloo, IA; Located in Waterloo’s newest tax‑increment financing (TIF) district
