Boston House 2131 Blairs Ferry Rd NE 12 Unit Apartment Building $569,000 ($47,417/Unit) 7.69% Cap Rate Cedar Rapids, IA 52402
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
| Price | $569,000 |
| Price Per Unit | $47,417 |
| Sale Type | Investment |
| Cap Rate | 7.69% |
| Sale Condition | 1031 Exchange |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 8,055 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1964 |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 10 | - | - |
| 2+1 | 1 | - | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 14042-05007-00000 | Improvements Assessment | $421,500 |
| Land Assessment | $34,900 | Total Assessment | $456,400 |
