3751 12th Ave SW, Cedar Rapids, IA 52404

20 Units at $62,500/unit! Exceptional 8 CAP opportunity! This well maintained 20-unit apartment building offers a mix of comfortable 1 and 2 bedroom units with dedicated 1 car garages. Each unit has natural gas furnace and central air conditioning, the property has good outside area lighting ensuring year-round comfort for residents. Additionally, the property is equipped with fully-paid for solar panels, providing sustainable energy and reducing utility expenses. Recent upgrades include new siding, roofs, windows, and driveway. This contributes to the property's overall appeal, durability and dafety minimizing maintenance requirements and enhancing curb appeal. Showings are available for pre-approved buyers with 24-hour notice. Don't miss this opportunity to invest in a well-maintained, fully-occupied, multi-family property with potential rental increases. Schedule your showing today! Listing agent is partial owner.