6 Unit Townhomes

Located at 126 20th Ave SW in Cedar Rapids, this 6-unit townhome-style investment property offers strong rental history and upside potential. Each unit is separately metered and features private balconies, garage parking, and in-unit laundry hookups. Positioned directly across from a recently sold 12-plex with smaller 1-bedroom units renting at similar rates, this property presents an excellent value-add opportunity with room for future rent growth. Starting at $380,000. Proforma NOI: $34,382 Proforma Cap Rate: 8.4%

Investment Overview

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Capital Improvements

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Location

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Ownership Considerations

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Interested in This Property?

Interested buyers are encouraged to contact the listing agents for more details.