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400 1st St SE
Cedar Rapids, IA 52401 Downtown Cedar Rapids

$99,500 USD

Apartments Condo For Sale  •  1,100 SF

Property Details

  • Property Type Apartments
  • Total Building Size 65,612 SF
  • Lot Size 0.52 AC
  • Building Class C
  • Year Built 1895
  • Zoning C-4
39 Transit Score
79 Walk Score

1 Unit Available

Name Condo Use Size Price Details
4th Floor - Unit 404 Flex 1,100 SF $99,500 USD
  • Unit Size: 1,100 SF
  • Condo Use: Flex
  • Price: $99,500 USD
  • Sale Type: Investment
  • Price/SF: $90.45 USD
Description
Two bedroom townhouse unit.

Sale Notes
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 two bedroom townhouse unit.  There is 1 unit for sale.  

Unit is currently vacant after long term tenant move.  Unit will remain vacant for ease of showing and possible upgrades desired by buyer. 

After you have reviewed the information and want more specific financial information please advise. Cap rate based on current/ proforma rents.  Thanks! 
 
Darin


 *Part owner licensed real estate broker selling for profit or loss

Description 

Condo building located in Cedar Rapids IA.

Highlights

Central location in central business district.

Property Flyers

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fitness Center
  • Laundry Facilities
  • Security System
  • Storage Space
  • Washer/Dryer
  • Waterfront
  • Gated
  • Furnished Units Available
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Sprinkler System
  • Range
  • Tub/Shower
  • Views
  • Carpet
  • Roof Terrace
  • Multi Use Room
  • Dining Room
  • Patio

Public Transportation

AirportDriveWalkDistance
The Eastern Iowa 16 min - 9.5 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 24
Type: Reserved
Included in Rent: Yes
Darin Garman 319-540-9070 Heartland Investment Partners
Darin Garman 319-540-9070 Heartland Investment Partners