2500 Olive St
Cedar Falls, IA 50613

$585,834 USD

Apartments For Sale • 4,500 SF

Property Details

Property Type Apartments
Total Building Size 4,500 SF
Lot Size 0.2 AC
Building Class C
Year Built 1967

31 Transit Score

69 Walk Score

                
                    Highlights
                
                                • Balanced mix of unit types appealing to students, professionals, and workforce tenants
                            
                                • Located in a walkable neighborhood with quick access to shopping, services, and campus amenities
                            
                                • Demonstrated operational efficiency with an expense structure consistent with similar assets
                            
                                • Stabilized income profile supported by long-term occupancy trends in a university-anchored market
                            
                                • Attractive investment positioning for 1031 exchange and long-term hold strategies
                            
                                Majority of leases renew between May and July, reducing vacancy risk