25-85 Aossey Ln SW - Apartments FOR SALE


Cedar Rapids, IA 52404- Southwest Area
$3,650,000 USD
515-402-7941
25-85 Aossey Ln SW, Cedar Rapids, IA for Sale
$3,650,000 USD
Apartments - FOR SALE
1/12
null | 7.27% Cap Rate

25-85 Aossey Ln SW
Cedar Rapids, IA 52404
Southwest Area


OVERVIEW

Stanbrough Realty Company is pleased to present the Cedar Village Apartments located at 25–85 Aossey Lane in Cedar Rapids, IA. Built between 1980 and 1992, this community consists of 7 buildings totaling 56 units, with a balanced mix of 40 two-bedroom/one-bath units and 16 one-bedroom/one-bath units. Cedar Village is located in a well-established residential neighborhood in Cedar Rapids, offering quiet, stable surroundings while still granting access to local schools, parks, and employment hubs. Recent developments bode well for future area growth—most notably, construction has begun on the new Cedar Crossing Casino & Entertainment Center in northwest Cedar Rapids, a $275 million project expected to include restaurants, event space, gaming, and more, with an anticipated opening on New Year’s Eve 2026, along with Google’s $576 million dollar, data center investment located on the SW side of Cedar Rapids .

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$70 USD /SF

# OF UNITS

56

PRICE/UNIT

$65,179

CAP RATE

7.27%

% LEASED

86%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Village

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

100

LAND DETAILS

LAND ACRES

3.61 AC

LAND SF

157,285 SF

ZONING

R

APN/PARCEL ID

14342-51018-00000,14342-51019-00000,14342-51020-00000,14342-51021-00000,14342-51022-00000,14342-51023-00000,14342-51024-00000

ASK ABOUT THIS PROPERTY

Josh KirbyStanbrough Realty Company, LLCMore Info
515-402-7941

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Josh KirbyStanbrough Realty Company, LLCMore Info
515-402-7941

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