Description
Built in 1976, our exceptional multifamily buildings in vibrant Waterloo, Iowa have 48 well-maintained units, 44 of which with 2 bedrooms and 1 bath, and 4 units with a single bedroom and 1 bath. With modern amenities and a desirable location, residents routinely enjoy a clean, secure and comfortable living experience for all 4 properties in Langley Road.
Details
Address: 1211 Langley Rd.
City & State: Waterloo, IA
Current Price: $2,900,000
Lot Size: 2.38 Acres
Cap Rate: 8.10%
Year Built: 1976
Property Highlights
- Pro-Forma Cap Rate of 8.26%
- Can be sold off as individual Buildings
- A Proven Trac record of Value-Add Implementation
Sale Price: $2,900,000
Number of Units: 48
Building Size: 44,284 SF
Price / SF: $65.49