× CLICK TO SELL YOUR APARTMENTS NOW! GARMAN TV AVAILABLE MULTI-FAMILY GARMAN PODCAST About Darin
48 Units - 4, 3 and 2 Beds!
  • Property Size:48 Unit
  • Location:Cedar Rapids, IA
  • Projected Cash Flow Return Year 1:3%
  • Projected Cash Flow Return Year 3:18.8%
  • Projected Overall Return:22.9%
ABOUT THIS PROPERTY:  WOW! Huge Four, Three and Two Bedroom Units Available At LESS THAN $72K PER UNIT!

Why Look At This?  A lot of investors like to talk about "upside" or "buying at a discount" and this SERIOUSLY could be the one.  There is definitely room for rent raises here and appreciation in the near term.  Additional OPTIONAL improvements can be done for possibly further increases in cash flow and value! 
A REASON TO REVIEW:

Serious investors will see the potential of this property and know what a deal it is at less than $72,000 per unit with new construction costs easily over two times that amount!   Plus, you have an owner that is wanting to sell and will entertain being creative and flexible.  In an environment where it is very difficult to find an apartment community that can have realistic gains in income, value and return this is one of the best to come along in a long time!   

So, start by getting the property summary information and see what you think.  I will go ahead and send you the income and expense information as well as video presentation and rent roll by completing the information below! 

*No guaranty's or warranties expressed or implied.  Please inspect the property and all financials very carefully before investing. 

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