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361 30th Street Dr SE
Cedar Rapids, IA 52403

$725,000 USD

Apartments For Sale  •  11,616 SF

Property Details

  • Property Type Apartments
  • Total Building Size 11,616 SF
  • Lot Size 0.66 AC
  • Building Class C
  • Year Built 1956
  • Cap Rate 5.74 %
  • Zoning Multi-Family
24 Transit Score
52 Walk Score

Highlights

Lots of room for rental increases!
All units separately metered!
Great location!

Property Flyers

Financial Summary (Actual)

Net Operating Income: $41,588 USD (2023)
Cap Rate: 5.74 %
Total Expenses: $44,545 USD

Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Refrigerator
  • Tub/Shower

Public Transportation

AirportDriveWalkDistance
The Eastern Iowa 22 min - 13.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Darin Garman 319-350-5378 Heartland Investment Partners
Darin Garman 319-350-5378 Heartland Investment Partners