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400 1st SE, Cedar Rapids, IA 52401
  • Property Size:24 Unit
  • Location:Cedar Rapids
  • Projected Cash Flow Return Year 1:9%
  • Projected Cash Flow Return Year 3:11%
  • Projected Overall Return:14%
ABOUT THIS PROPERTY:

Wow!  Fantastic condos in the heart of downtown Cedar Rapids.  Huge Downtown Studio, One and Two Bedroom condos that you could use as an Owner Occupant or for additional income.  All of these units are currently rented for income.   Centrally located in Cedar Rapids, has access to the Skywalk System Downtown, is close to conveniences, has a parking garage and has great views of the Downtown and River area. 

Why Invest In This Property

This is a good fit for the active OR passive investor wanting a good sized property that will not only produce income but also be a project that will increase in value over the next three to five years. Demand for downtown housing remains very strong and there is REALISTIC and PROVEN upside in selling these as owner occupied condominium units.   Please contact Darin directly regarding investment amounts and qualifications. 
Current and Future Outlook

The future looks great with this project in terms of supply and demand.  These large units, with not only the location but all of the other amenities is always in demand meaning an optimistic outlook in property value increases and rental increases over time.    Ultimately, this is an owner occupied play at some time in the future - more than likely. 

You can obtain a property prospectus and summary information from Darin by completing the quick form below..  Summary information will include income and expense information and realistic future income and rate of return projections as well.  You will want to get your hands on this package!!

*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! 

FOR MORE INFORMATION PLEASE FILL OUT THE FORM
BELOW. WE’LL SEND YOU INFORMATION AS SOON AS POSSIBLE.