16-86 Aossey Ln SW | Cedar Rapids, IA 52404
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16-86 Aossey Ln SW
Cedar Rapids, IA 52404
Aossey Place 8.5% Cap Rate On Current NOI · Multifamily Property For Sale
·
32 Units
PROPERTY FACTS
| No. Units | 32 | Building Size | 36,000 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1996/2017 |
| Building Class | B | Parking Ratio | 1.33/1,000 SF |
| Lot Size | 0.37 AC | ||
| Zoning | Multi Family | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.37 AC |
| Building Size | 36,000 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built/Renovated | 1996/2017 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | Multi Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Fireplace
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Range
SITE AMENITIES
- Laundry Facilities
- Laundry Service
ABOUT 16-86 AOSSEY LN SW , CEDAR RAPIDS, IA 52404
This is an LIHTC property with 8 units in each of the 4 buildings. All 32 units are 2 bedrooms. This is a centrally located property close to conveniences, access & offers off the street parking. The owner pays common area electric, gas, heat & water. The tenant pays electric. Only 53k + per unit.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 32 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,760,800 | |
| Land Assessment | $170,600 | Total Assessment | $1,931,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$170,600
Improvements Assessment
$1,760,800
Total Assessment
$1,931,400
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