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2020 Stratford Ct 1 Unit Apartment Building Offered at $350,000 at a 5.34% Cap Rate Coralville, IA 52241



Executive Summary
2020 Stratford Court is a single-family investment opportunity located in Coralville, Iowa.? Constructed in 2001, the property features a well-maintained 4-bedroom, 2.5-bath residence encompassing 1,371 square feet and situated on a 0.16-acre lot within the desirable North Ridge neighborhood.?
Located in one of Coralville’s most established residential communities, the property benefits from strong housing demand and convenient access to major employers, shopping destinations, parks, and recreational amenities.? With a proforma NOI of $18,696 and a 5.34% cap rate, the offering provides stable income potential in one of Eastern Iowa’s most desirable residential markets.?
Located in one of Coralville’s most established residential communities, the property benefits from strong housing demand and convenient access to major employers, shopping destinations, parks, and recreational amenities.? With a proforma NOI of $18,696 and a 5.34% cap rate, the offering provides stable income potential in one of Eastern Iowa’s most desirable residential markets.?
Data Room Click Here to Access
- Offering Memorandum
- Financials
- Disclosures
Property Facts
| Price | $350,000 | Property Type | Multifamily |
| Price Per Unit | $350,000 | Apartment Style | Single-Family Home |
| Sale Type | Investment | Building Size | 1,371 SF |
| Cap Rate | 5.34% | No. Stories | 2 |
| No. Units | 1 | Year Built | 2001 |
| Price | $350,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| Cap Rate | 5.34% |
| No. Units | 1 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Building Size | 1,371 SF |
| No. Stories | 2 |
| Year Built | 2001 |
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Fairly walkable
40/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0731304060 | Improvements Assessment | $225,800 |
| Land Assessment | $52,300 | Total Assessment | $278,100 |
Property Taxes
Parcel Number
0731304060
Land Assessment
$52,300
Improvements Assessment
$225,800
Total Assessment
$278,100
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2020 Stratford Ct
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