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

  • 5250/5270/5300/5340 North Park Place Ne, Cedar Rapids, IA 52402 Main Photo

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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
$1,295,000
Est. $8,475/mo
Active
SQUARE FEET53,722 MLS#2407857
STATUSActive PROPERTY TYPECommercial - Office

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Ruhl&Ruhl Realtors
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 FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,295,000$1,295,000$1,295,000
Down Payment $45,325$0$259,000
Monthly Mortgage Amount $7,726$8,038$6,295
Taxes $1802$1802$1802
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $777$0$0
Monthly Estimated Total $10,683$10,218$8,475

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