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924 Sycamore St
Waterloo, IA 50703
Riverwalk Residences · Multifamily Property For Sale · 72 Units

Investment Highlights

  • Six buildings with 12 spacious units in each
  • Easy access to downtown and highways
  • Year 1 Proforma Cash-on-Cash Return: 14.92%
  • Units boast views of the Cedar River
  • Amenities include gated surface parking, garage parking and laundry in each unit

Property Facts

No. Units 72
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 4.02 AC
Building Size 115,696 SF
Average Occupancy 99%
No. Stories 3
Year Built 2012

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

About 924 SYCAMORE ST , WATERLOO, IA 50703

CBRE|Hubbell Commercial is the exclusive advisor for the sale of River Trail Development – 72 condo units in Waterloo, Iowa. The property consists of six, twelve-unit buildings with detached garages and common area hallways. Built in 2013, these spacious units boast views of the Cedar River and easy access to bike trails, downtown, and highways. Other amenities include gated surface parking, garage parking, and laundry in each unit.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 72 - 1,054

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 8913-25-136-017
  • 8913-25-136-008
  • 8913-25-136-013
  • 8913-25-136-011
  • 8913-25-136-012
  • 8913-25-136-018
  • 8913-25-136-010
  • 8913-25-136-016
  • 8913-25-136-009
  • 8913-25-136-014
  • 8913-25-136-015
  • 8913-25-136-019
Land Assessment
$57,130
Improvements Assessment
$1,290,680
Total Assessment
$1,347,810
  • Listing ID: 17871423

  • Date on Market: 12/4/2019

  • Last Updated:

  • Address: 924 Sycamore St, Waterloo, IA 50703

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