3350 University Ave Waterloo, IA 50701

Listing agency Miehe Commercial Real Estate m***@mattandfred.com Show Phone

Listed by Matt Miehe · License #B58183000

Source Crexi

Added: Apr 11 Updated: Jul 22 at 12:15AM Checked: Jul 22 at 12:15AM

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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.

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

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FAQs

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