THIS GREAT INVESTMENT PROPERTY IS JUST 20 MINUTES NORTH OF CEDAR RAPIDS. BUILDING IN LOCATED IN A NICE QUIET NEIGHBORHOOD. TENANT OCCUPANCY HAS BEEN STABLE AND IS UNDER THE NORMAL 5% VACANCY RATE USED TO EVALUATE INVESTMENTPROPERTY. LOW MAINTENANCE NOT NEEDED TO BE THERE A LOT. - NEW 30 YEAR ROOF IN 2003 - NEW HIGH EFFICIENCY WINDOWS IN 2004, LIFETIME TRANSFERABLE WARRANTY - NEW APPLIANCES - NEWLY PAINTED EXTERIOR IN FALL 2010 - NEW SIDEWALK AND LANDSCAPING - NEW COMMERCIAL GRADE COIN LAUNDRY IN 2006 - NEW CARPET & PAINT IN COMMON AREA. - ADDITIONAL ADJACENT LAND FOR ANOTHER RENTAL BUILDING OR GARAGES. - OWNER PAYS COMMON AREA ELECTRIC, WATER AND GARBAGE REMOVAL, LOW ANNUAL MAINTENANCE COSTS GREAT INVESTMENT PROPERTY THAT RETURNS A GOOD PROFIT, YOU SHOULD SERIOUSLY EVALUATE THIS OPPORTUNITY.
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