This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1601 30th St NW
Cedar Rapids, IA 52405
The Malory Apartments · Multifamily Property For Sale
·
24 Units
PROPERTY FACTS
| No. Units | 24 | Lot Size | 2.22 AC |
| Property Type | Multifamily | Building Size | 6,728 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1971 |
| Building Class | B | Parking Ratio | 10/1,000 SF |
| Zoning | Residential | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 2.22 AC |
| Building Size | 6,728 SF |
| No. Stories | 3 |
| Year Built | 1971 |
| Parking Ratio | 10/1,000 SF |
| Zoning | Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Laundry Service
- Recycling
- Walk-Up
- Smoke Detector
ABOUT 1601 30TH ST NW , CEDAR RAPIDS, IA 52405
Own your own 24 Unit Apartment Complex today!! This is a solid Cedar Rapids Property located on the NW side of town near a favorite Cedar Rapids Park on the river, Ellis Park. There are 12 (2) Bedroom units and 12 (1) Bedrooms units. About half of the units have been updated since 2017. This is a low risk Property, with 12 garages that can be additional income and this property has realistic increases in value and income through MAINLY Cosmetic Capital Improvements to the units. Don't miss out on this amazing opportunity!!!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | 423 |
| 1+1 | 11 | - | 552 - 685 |
| 2+1 | 12 | - | 847 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,188,000 | |
| Land Assessment | $236,900 | Total Assessment | $2,424,900 |
PROPERTY TAXES
