400 1St St, Cedar Rapids, IA 52401
4 Flex Properties Offered at $340,200 in Cedar Rapids, IA
For Sale
Active
2 pictures
Asking Price $340,200
- Property Type
-
Multifamily
- Square Feet
- 3,400 SF
Listing Contacts
Darin Garman
Property Overview
10% DOWN INVESTOR SPECIAL:
Seller will consider contract sale:
10% down payment, 6.5% interest, 25 year amortization, 3 year balloon, and interest to adjust in 2026. All buyers subject to credit and financial check. Contract to contain personal guaranty.
Please find attached the informational flyer, floor plans and video information on the downtown Cedar Rapids rental condominiums for sale. Right now this project is a mix of studio to large two bedroom units. There are 4 units for sale.
After you have reviewed the information and want more specific financial information including individual rents,
income and expense information let me know and I can forward up to date information to you for review. Cap rate based on current and proforma rents. Thanks!
Darin
*Part owner licensed real estate broker selling for profit or loss
Seller will consider contract sale:
10% down payment, 6.5% interest, 25 year amortization, 3 year balloon, and interest to adjust in 2026. All buyers subject to credit and financial check. Contract to contain personal guaranty.
Please find attached the informational flyer, floor plans and video information on the downtown Cedar Rapids rental condominiums for sale. Right now this project is a mix of studio to large two bedroom units. There are 4 units for sale.
After you have reviewed the information and want more specific financial information including individual rents,
income and expense information let me know and I can forward up to date information to you for review. Cap rate based on current and proforma rents. Thanks!
Darin
*Part owner licensed real estate broker selling for profit or loss
Highlights
- Downtown Cedar Rapids condos offered for over half of new construction cost! Terrific location!
- Terrific 1031 Replacement(s)!
- Property Management Currently In Place For All Units.
- Priced at Less than $85K Per Unit!
All available spaces
- Space
- Riverview Condos
- Size
- 600 SF
- Space Subtype
- Flex Condo
- Space
- Riverview Condos
- Size
- 1,100 SF
- Space Subtype
- Flex Condo
- Space
- Riverview Condos
- Size
- 600 SF
- Space Subtype
- Flex Condo
- Space
- Riverview Condos
- Size
- 1,100 SF
- Space Subtype
- Flex Condo
Nearby Properties
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