916-216-4606
2258 Bison St, Marion, IA for Sale
Apartments - FOR SALE
1/19
null | Request Cap Rate

2258 Bison St
Marion, IA 52302


HIGHLIGHTS

  • Best-In-Class Asset – BTR Construction
  • Rents $150 - $250 Below Market | Upside of 9% at Stabilized Rents
  • Longterm Pre-Set Tax Abatement Benefits
  • Adjacent to Marion’s Retail & Education Centers
  • Offered Free & Clear of Any Existing Debt

OVERVIEW

As exclusive advisor, MMG Real Estate Advisors is pleased to offer the opportunity to purchase Sunny Ridge Townhomes, a 92-townhome community located in the rapidly growing Cedar Rapids suburb of Marion, IA. Completed in three phases between 2018 & 2020, Sunny Ridge is a newly constructed, best-in-class community featuring modern, upscale living including condo quality finishes, two-car garages, and large floorplans that residences can grow in.

FOR SALE DETAILS

PRICE

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# OF UNITS

92

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunny Ridge Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.89 AC

LAND SF

256,568 SF

ZONING

-

APN/PARCEL ID

10331-53009-00000

ASK ABOUT THIS PROPERTY

Josh BenardMMGMore Info
916-216-4606

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Josh BenardMMGMore Info
916-216-4606

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.