3632 Ravenwood Road



Location: Waterloo, Iowa

Description: Eight-unit project in growing city of Waterloo. 100% occupied. Consists of eight two bedroom units and garages. Amenities include individual forced air, central air and close to tenant conveniences. Built late 1970's. Well managed and maintained properties. Units approximately 900 square feet. On site management in place. Proforma available.

Asking Price: $225,000 (10% Cap) on actual rental income.

Selling Price: $211,000 (11% Cap) on actual rental income.

Contact:
Darin Ray Garman, CCIM
Iowa Realty Commercial
100 1st Ave. NE Suite 115
Cedar Rapids, Iowa 52401
Phone 319.363.2337 Fax 319.365.9833
E-mail: Darin_Garman@msn.com
Web: commercial-investments.com

All information is from sources that we deem reliable and is submitted subject to errors, omissions, prior sale, lease withdrawal without notice, or change in price and conditions. While we do not doubt its accuracy, no representation thereof is made.

For further information contact:
Darin Garman, CCIM Specialist Apartments
100 1st Ave. NE Suite 115
Cedar Rapids, Iowa 52401
Phone 319.363.2337 Fax 319.365.9833
E-mail: Darin_Garman@msn.com
Web: commercial-investments.com

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Copyright ŠJM Best, 1998