5270 N PARK PL NE

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5270 N PARK PL NE

CEDAR RAPIDS, IA 52402-6222
Asking Price
$600K
Asset Type
Traditional Office Retail
Class
Class B

What's Special

Value Add Opporunity - 37,000 of Office Space in Desirable Location <p><strong style="color: rgba(0, 0, 0, 1)">Value Add project. 3 buildings totaling over 37,000sf. Siding and roofs repaced after derecho. Can also buy a 4 buildings for $999,000</strong></p>

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NOI
$80,000
Cap Rate
13.33%
DSCR
2.25
Strong
Cash-on-Cash
24.65%
Monthly Payment
$2,968.473
Annual Cash Flow
$44,378.328

Location & Travel Times