Search
HUD Apartment Buildings
For Sale
Contact for pricing
Pending

2283 C St SW, Cedar Rapids, IA 52404

Two Iowa complexes comprise 387 units, with updates to roofs, HVAC, windows, appliances, flooring, and water heaters.

Property SizeContact for details
Days on Market144

Property Features for 2283 C St SW

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 387

Building Details

Buildings 19
Listing Agency: Skogman Commercial Group Cedar Rapids
Listed By: Douglas Laird · License #IA B42011
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 3:17PM

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 Cedar Rapids

Investment Insights

Based on property information with market context.

This multifamily offering combines two HUD income-based apartment communities in Cedar Rapids, Iowa. Hawthorne Hills includes 18 low-rise buildings with 204 units and has undergone substantial improvements over the past 12 years, including roof replacements, HVAC work, water heaters, windows, appliances, and flooring. The complex also has a documented history of low vacancy.

Geneva Tower is a high-rise property in downtown Cedar Rapids with 183 units and access to nearby services. Together, the communities contain 387 units across distinct low-rise and high-rise configurations. The properties are owned and managed by Affordable Housing Network, Inc., a local nonprofit organization.

Key Highlights

  • Two HUD income‑based apartment communities in Cedar Rapids, Iowa
  • Combined 387 units across Hawthorne Hills and Geneva Tower
  • Hawthorne Hills includes 18 low‑rise buildings and 204 units

Property Analytics

Current Use

Hawthorne Hills Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Auto Repair Shop HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

387
Residential units

Location Intelligence

Trade Area within ½ mile

192
Businesses Nearby

Demographics for 52404, IA

43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Two Iowa complexes comprise 387 units, with updates to roofs, HVAC, windows, appliances, flooring, and water heaters.
Where is this apartment building located?
The property is located at 2283 C St SW Cedar Rapids, IA.
What are key features of this property?
This property features: Two HUD income‑based apartment communities in Cedar Rapids, Iowa; Combined 387 units across Hawthorne Hills and Geneva Tower; Hawthorne Hills includes 18 low‑rise buildings and 204 units
(319) 247-5000 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message