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Off Market
1/45

924 Sycamore St
Waterloo, IA 50703


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Riverwalk Residences

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

76000

STORIES

3

YEAR BUILT

2012

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

8913-25-136-008,8913-25-136-009,8913-25-136-010,8913-25-136-011,8913-25-136-012,8913-25-136-013,8913-25-136-014,8913-25-136-015,8913-25-136-016,8913-25-136-017,8913-25-136-018,8913-25-136-019