These are 4 rental condominiums located in the heart of downtown Cedar Rapids and terrific city and river views with parking garage and skywalk access. The studio (2) and 2 bedroom units (2) are spacious too. Right now there are two units vacant and two occupied.
Why Invest In This Property?
This is a good fit for the active hands on owner or passive investor wanting a terrific smaller apartment/condominium investment that will not only produce income but also be a winner when it comes to value increase and resale.* Terrific location and convenient for residents and owner occupants. This property would be a good first investment property OR add to your existing portfolio.
Current and Future Outlook
The future looks great with this project in terms of supply and demand.* These condominiums are always in demand meaning an optimistic outlook in property value increases and rental increases over time. The increases in income and return are very realistic and not “blue sky”.
You can obtain a property prospectus, financial and summary information from Darin by completing the quick form on this page.. Summary information will include income and expense information and realistic future income and rate of return and income projections.
*There are no warranties are guaranty’s expressed or implied. Please review property and property information carefully and ask a lot of questions before investing! Darin Garman has an ownership interest in this property.
