Contact us: 563.441.1776
Description
Position your portfolio for stable, immediate returns with this 100% leased, multi-building commercial investment property in the middle of many apartment buildings adjacent to Kirkwood College. Strong Investment Profile, ideal for 1031 exchange or portfolio expansion. Current NOI is $126,000. This property offers a turnkey investment opportunity with immediate cash flow, minimizing lease-up risk. Two buildings of 5479 sf and 2781 sf. Financials, lease terms, and rent roll available upon request with a signed NDA.
Property Highlights
Property Type: Commercial - Business
Year Built: 1994
Lot Size: 1.07 acres
General Information
County: Linn
Listed By:
Realty87
319-378-8760
Mitch Myers
Cedar Rapids MLS
MLS ID: 2603158
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41 Kirkwood Court Sw, Cedar Rapids, IA 52404.
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563-441-1862
toll free 866-441-1862
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,500,000 | $1,500,000 | $1,500,000 |
| Down Payment | $52,500 | $0 | $300,000 |
| Monthly Mortgage Amount | $8,949 | $9,310 | $7,291 |
| Taxes | $2088 | $2088 | $2088 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $900 | $0 | $0 |
| Monthly Estimated Total | $12,375 | $11,836 | $9,817 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/18/2026. The listing information on this page last changed on 05/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 05/18/2026 7:02:23 AM EST) or MRED MLS (last updated Mon 05/18/2026 2:04:12 AM EST) or SCWMLS (last updated Sun 05/17/2026 11:54:39 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 05/17/2026 10:15:19 PM EST) or Cedar Rapids MLS (last updated Mon 05/18/2026 6:52:00 AM EST) or NEIRBR MLS (last updated Mon 05/18/2026 6:30:21 AM EST) or ICAAR MLS (last updated Sun 05/17/2026 11:37:30 PM EST) or ECIMLS (last updated Sun 05/17/2026 11:44:17 PM EST) or RMLSA (last updated Mon 05/18/2026 1:10:56 AM EST) or Muscatine MLS (last updated Mon 05/18/2026 2:00:10 AM EST) or No Coast MLS (last updated Mon 05/18/2026 12:44:18 AM EST). Real estate listings held by brokerage firms other than Ruhl & Ruhl Careers may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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