2701-2731 Cedar St | Norwalk, IA 50211
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2701-2731 Cedar St
Norwalk, IA 50211
Legacy Landing · Multifamily Property For Sale
·
120 Units
INVESTMENT HIGHLIGHTS
- Phenomenally well-positioned for continued rent growth
- Norwalk has experienced 43% population growth since 2010
- Newest market-rate community in Norwalk
PROPERTY FACTS
| No. Units | 120 | Lot Size | 7.50 AC |
| Property Type | Multifamily | Building Size | 112,000 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | B | Year Built | 2016 |
| Zoning | R-4 | ||
| No. Units | 120 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 7.50 AC |
| Building Size | 112,000 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 2016 |
| Zoning | R-4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Security System
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Satellite TV
- Oven
- Sprinkler System
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Freezer
- Island Kitchen
- Pantry
- Patio
- Smoke Free
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Business Center
- Controlled Access
- Clubhouse
- Fitness Center
- Picnic Area
- Pool
- Property Manager on Site
- Grill
- Media Center/Movie Theatre
- Recycling
- Storage Space
- Lounge
- Maintenance on site
- Online Services
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | 626 |
| 2+2 | 72 | - | 855 - 908 |
| 3+2 | 24 | - | 1,119 - 1,158 |
PROPERTY TAXES
| Parcel Number | 63171060010 | Improvements Assessment | $13,877,600 |
| Land Assessment | $750,000 | Total Assessment | $14,627,600 |
PROPERTY TAXES
Parcel Number
63171060010
Land Assessment
$750,000
Improvements Assessment
$13,877,600
Total Assessment
$14,627,600
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