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- LoopNet Team
335 Cedar St
Waterloo, IA 50701
Art Bloc · Multifamily Property For Sale
·
68 Units
INVESTMENT HIGHLIGHTS
- Located in Opportunity Zone
- 20 years, 42% tax abatement – from delivery
- Convenient access to everywhere in Waterloo/Cedar Falls
- Timeless architectural design
- Mix of studio, 1 and 2 bed units with first floor retail and below grade parking
- Located in the thriving art district
PROPERTY FACTS
| No. Units | 68 | Lot Size | 0.37 AC |
| Property Type | Multifamily | Building Size | 45,595 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 3 |
| Building Class | B | Year Built | 2022 |
| Zoning | R3 | ||
| No. Units | 68 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.37 AC |
| Building Size | 45,595 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2022 |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Ceiling Fans
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Double Pane Windows
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Property Manager on Site
- Waterfront
- Furnished Units Available
- On-Site Retail
- Package Service
- Walking/Biking Trails
- Bicycle Storage
- Elevator
- Maintenance on site
ABOUT 335 CEDAR ST , WATERLOO, IA 50701
CBRE|Hubbell Commercial is the exclusive advisor for the sale of Art Bloc – 72-unit Opportunity Zone multifamily investment in Waterloo, Iowa. Art Bloc is a luxury 7-story mixed-use building with underground parking, first floor retail and six stories of apartments comprising 72 units. Currently under construction, Art Bloc is scheduled to deliver in May of 2020. The property has forever changed the landscape of Downtown Waterloo. These are the only luxury apartments in the market, and they sit right on the shore of the Cedar River. Views are unmatched and there’s easy access to bike trails, downtown amenities and local interstate system. The long list of amenities is highlighted by private underground parking and walkability to downtown retail and office space, amphitheater and more. Don’t miss the opportunity to own one of the coolest mixed use projects in the entire state.
PROPERTY TAXES
| Parcel Number | 8913-26-229-009 | Improvements Assessment | $11,640,120 |
| Land Assessment | $73,380 | Total Assessment | $11,713,500 |
PROPERTY TAXES
