Creekside Apartments: 76
For Sale
$2,999,000
2939 12th Avenue SW, Cedar Rapids, IA 52404
76-unit apartment complex in Cedar Rapids, Iowa for sale.
Property Size40,000 SF
Lot Size2.01 Acres
Price / SF$74.98
Days on Market177
Property Features for 2939 12th Avenue SW
General Information
Standard status
Active
Size
40,000 SF
Lot size
2.01 Acres
Property subtype
Commercial
Zoning
SMU-COMM
Taxes and HOA fees
Annual Taxes
$46,400
Amenities
Carpet,Concrete
Yes
4
No
Public
2
87120
Off Street
Building Details
Year Built
1975
Stories
4
Listing Agency:
IOWA REALTY COMMERCIAL
(319) 393-0900
Listed By:
Alex Miller
Source:
Pinnaclerealtyia
Added: Mar 16
Changed: Sep 7
Last Checked: Sep 7 at 5:40AM
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 IOWA REALTY COMMERCIAL
Investment Insights
Based on property information with market context.
Creekside Apartments, located off Williams Blvd SW and 16th Ave SW in Cedar Rapids, Iowa, features 76 residential apartment units. The unit mix includes 17 studios, 38 one-bedroom/one-bathroom units, 16 one-bedroom/one-bathroom (two-level) units, 4 two-bedroom/one-bathroom units, and 1 three-bedroom/two-bathroom unit. The sale includes 13 attached garage units. The property is situated on approximately 2.006 acres and provides 92 surface parking stalls. A common-area laundry room is available for residents. The building size is 32895 square feet.
Key Highlights
- 76 Residential Apartment Units offer significant income potential
- Diverse Unit Mix appeals to a wide range of tenants
- Includes 13 Attached Garage Units, a desirable amenity
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 76-unit apartment complex in Cedar Rapids, Iowa for sale.
Where is this apartment building located?
The property is located at 2939 12th Avenue SW Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 76 Residential Apartment Units offer significant income potential; Diverse Unit Mix appeals to a wide range of tenants; Includes 13 Attached Garage Units, a desirable amenity
