134 Cedar Dr - Apartments FOR SALE


Gilbert, IA 50105
$1,650,000 USD
515-290-7007
134 Cedar Dr, Gilbert, IA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

134 Cedar Dr
Gilbert, IA 50105


OVERVIEW

Exceptional Investment Opportunity – 134 Cedar DriveDiscover a premium 8-plex multi-family property located in the highly sought-after Upland Trail Subdivision. Spanning 7,915 sq ft, this well-maintained asset offers a desirable unit mix of one- and two-bedroom apartments, each thoughtfully designed with modern, high-end finishes. Features include quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and 9-foot ceilings throughout. Each unit comes complete with in-unit washer/dryers, private garages with built-in storage, and either a concrete patio or wood deck, providing tenants with both comfort and convenience. Built with quality and durability in mind, the property showcases vinyl siding, stone veneer accents, vinyl windows, a lawn irrigation system, and fire sprinklers for added safety. With strong tenant appeal and low-maintenance construction, 134 Cedar Drive represents a turnkey investment in a thriving rental market.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

8

PRICE/UNIT

$206,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,619 SF

ZONING

MR R3

APN/PARCEL ID

05-09-430-100

ASK ABOUT THIS PROPERTY

Chuck WinkleblackHunziker & Associates, RealtorsMore Info
515-290-7007

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Chuck WinkleblackHunziker & Associates, RealtorsMore Info
515-290-7007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.