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Off market
  • $230,800

    2123 N Towne Ln NE, Cedar Rapids, IA 52402

    --beds
    0baths
    --sqft
    SingleFamily
    Built in 1995
    1.56 Acres Lot
    $230,800 Zestimate®
    $--/sqft
    $1,387 Estimated rent

    Owner options

    List your home for rent

    $1,387/mo

    Rent Zestimate®

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    $1,387/mo

    Rent Zestimate®

    Refinance and save

    $1,280/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $1,280/mo

    Est. payment

    What's special

    Excellent single tenant investment opportunity! Lease with ServiceMaster, a privately held fortune 1000 company. Triple Net Lease with 4 years remaining. Offered at an 8% cap rate, NOI is $96,000. Tenant is responsible for building maintenance. Located off Blairs Ferry Road with convenient access to I-380. Building was constructed in 1997 and includes 3750 square feet of office space, 8250 sf shop/work area (20 ft ceilings), and 5600 sf warehouse. Fenced outdoor storage space and two docks. Large pylon sign visible from I-380. One of the owners is a licensed Realtor in the State of Iowa.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 1.56 Acres

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1995

    Community & neighborhood

    Location
    • Region: Cedar Rapids
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $230,800
    2% more+$4,616
    With Zillow Showcase(estimated)$235,416