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South from HWY 30 on Kirkwood Blvd, West on Miller Ave SW

75-83 Miller Avenue SW, Cedar Rapids, Iowa

Sold: Unavailable
Sold Price: Unavailable
$5,200,000
Total Units: 60
MLS # 20173942
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For more information on this property, call Iowa Realty at (319) 665-6150

For more information on this property, call Iowa Realty at (319) 665-6150

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Details: Multi-Family
MLS# 20173942
County Linn
Zoning RMF-2
Total Units 60
New Construction? No
Year Built 2002<
Lot Size 5.0 Acres
School District College Comm
School and Community Information
Property Description
Great rental property near Kirkwood Community College. Four separate buildings totaling 60 units. 4 three-bedroom/two-bathroom units; 56 four-bedroom/two-bathrooms. Of that total there is a model unit, office unit, managers unit, and work-out unit. There is currently a total of 221 rentable rooms. Well maintained and professionally managed by Heritage Prop Management-Tom Slattery 319-365-3610. Call listing agent for more details. Income and expenses (including taxes) are estimates taken from Pro Forma.
Unit bedrooms
TOTAL UNITS 60
Unit Bathrooms Full 3/4 1/2
TOTAL ALL UNITS
Unit kitchens
Estimated Expenses and Income
Expenses Paid By Other- See Remarks
Gross Income $712,709
Total Expenses $337,663
Structure
Basement None
Heat Gas,Central,Forced Air
Air Conditioner Electric,Central
Water City Sewer,City Water
Gas 1000
Service Information
Off-Street Parking Off Street
Laundry No
Tax & Terms Information
Gross Taxes $117,544
Tax Year 2015
Listing courtesy of Watts Group Realty
Data courtesy of Iowa City Area Association of Realtors MLS

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