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1308 Adair Ct Sw, Cedar Rapids, IA 52404.
Now available: First Class Storage, a modern, high-demand storage facility strategically located next to the Eastern Iowa Airport. This is a turn-key opportunity to own the entire complex, offering both investment potential and immediate rental income. Here are a few highlights including income & occupancy: This site opened in November 1st, 2025 Occupancy is ahead of business plan. Property Overview Strong unit mix Prime location with excellent visibility and easy access to major highways Secure, well-maintained, and built for today's storage demands ?? Unit Mix & Rental Rates 10x20: 91 units | $135 /month 10x30: 69 Units | $165 /month 10x30: with electricity | $295 / month 14x40: w/o electricity | 5 Units | 5 occupied | $325 /month 14x40: with electricity | 3 Units | 3 occupied | $650 /month Total Units: 168 OH
MLS ID: 2605019
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1308 Adair Ct Sw, Cedar Rapids, IA 52404.

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563-441-1862
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| Loan Type | FHA 30 Year Fixed | 30 yr Jumbo |
| Purchase Price | $4,150,000 | $4,150,000 |
| Down Payment | $145,250 | $830,000 |
| Monthly Mortgage Amount | $25,422 | $20,985 |
| Taxes | $5775 | $5775 |
| Insurance | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 |
| Monthly Mortage Insurance | $2,490 | $0 |
| Monthly Estimated Total | $34,897 | $27,970 |
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