1311-1317 Oakland Rd NE | Cedar Rapids, IA 52402
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1311-1317 Oakland Rd NE
Cedar Rapids, IA 52402
OakLee Apartment Homes · Multifamily Property For Sale
·
36 Units
INVESTMENT HIGHLIGHTS
- Separate Heat and Electric. Residents Pay.
- Solid Condition.
- Convenient Location NE Cedar Rapids. Transportation and Shopping.
- Subject To A 1031 Exchange
PROPERTY FACTS
| No. Units | 36 | Building Size | 18,351 SF |
| Property Type | Multifamily | Average Occupancy | 56% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1973 |
| Building Class | B | Parking Ratio | 3/1,000 SF |
| Lot Size | 0.62 AC | ||
| Zoning | Residential | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.62 AC |
| Building Size | 18,351 SF |
| Average Occupancy | 56% |
| No. Stories | 3 |
| Year Built | 1973 |
| Parking Ratio | 3/1,000 SF |
| Zoning | Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
- Vinyl Flooring
SITE AMENITIES
- Laundry Facilities
- Laundry Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $540.00 | 505 |
| 1+1 | 23 | $645.00 | 740 |
| 2+1 | 12 | $750.00 | 820 |
PROPERTY TAXES
| Parcel Number | 14161-79004-00000 | Improvements Assessment | $624,500 |
| Land Assessment | $67,300 | Total Assessment | $691,800 |
PROPERTY TAXES
Parcel Number
14161-79004-00000
Land Assessment
$67,300
Improvements Assessment
$624,500
Total Assessment
$691,800
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