Multifamily Apartment
For Sale
Contact for pricing
120 32nd St NE, Cedar Rapids, IA 52402
Apartment building with 23 units in the Cedar Rapids metro, with recent updates and a roof maintenance plan.
Property SizeContact for details
Days on Market141
Property Features for 120 32nd St NE
General Information
Standard status
Active
Property subtype
Retail, Multifamily
Listing Agency:
Skogman Commercial Group
(319) 350-8450
Listed By:
Brian Rosteck, CCIM · License #IA B59904000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 4:30PM
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 Skogman Commercial Group
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.
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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
Explore this area
Business Placement
Demographics for 52402, IA
42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
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
