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5250/5270/5300/5340 North Park Place NE Cedar Rapids, IA 52402 Commercial - Office Active

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Description

Value Added opportunity. Well under Assessed value Opportunity to increase occupancy and revenue with some upgrades and hands on management. 4 Well located office buildings on 3.8 acres Just north of Hobby lobby with easy access to all Lindale area businesses Total of 53,722 Sf which calculates to only $33.41/sf Many units can be upgraded with paint and carpet only Excellent parking with easy access to Collins Rd and Blairsferry Rd

Property Highlights

Property Type: Commercial - Office
Building Description: 2.0 stories
Year Built: 1978
Lot Size: 3.80 acres

General Information

County: Linn
Listed By:
SKOGMAN REALTY COMMERCIAL 319-363-8286 Michael Shaffer
Cedar Rapids MLS
$999,000
Est. $6,473/mo
Active
SQUARE FEET53,722 MLS#2407857
STATUSActive PROPERTY TYPECommercial - Office

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Ruhl & Ruhl Careers
563.441.1776

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5250/5270/5300/5340 North Park Place Ne, Cedar Rapids, IA 52402.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $999,000$999,000$999,000
Down Payment $199,800$34,965$249,750
Monthly Mortgage Amount $4,792$5,960$6,172
Taxes $1390$1390$1390
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$599$0
Monthly Estimated Total $6,473$8,240$7,853

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