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Property Detail

2939 12th Avenue SW, Cedar Rapids, IA 52404

MLS Number: 2601798   |   Subtype: Commercial   |   Area: SW Quadrant
$ 3,300,000
Great opportunity to acquire Creekside Apartments. This property, located just off Williams Blvd SW and 16th Ave SW in Cedar Rapids, Iowa, consists of 76 residential apartment units. Unit makeup consists of 17 studio apartments, 38 1Bd/1Ba, 16 1Bd/1Ba (2-lvl), 4 2Bd/1Ba, and 1 3Bd/2Ba. The sale also includes 13 attached garage units. The property sits on approximately 2 Acres of ground and contains 92 surface parking stalls.

Property

  • County: Linn
  • Lot Size: 87120
  • Acres: 2.0000
  • Year Built: 1975
  • Zoning: SMU-COMM
  • Gross tax: $46,400.00

Building

Total Building SF: 40,000
Ceiling Height: 7ft-10ft, 11ft-14ft

Utilities

Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Electric Heat, Gas Heat, Central Air, Wall/Window Unit(s)
Water Source: City Water
Sewer: City Sewer

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