Residence on 11th

A legacy asset with a total of 24 units. Bought more than 20 years ago, the property has been carefully managed through multiple real estate cycles. Located minutes from Uptown Marion and blocks from Hwy 100, this community gives easy access to both the retail and business hub of the Lindale Mall, home of the new Dick’s House of Sports and the Collins Avionics Cedar Rapids Campus.

Throughout Highs ownership, the property has consistently performed as a stable, well-maintained community and a dependable contributor to portfolio cash flow. Residence on 11th have benefited from disciplined management, responsible capital improvements, and a focus on tenant quality and retention. The property has earned a reputation as a desirable, well cared-for community within its market — a reflection of our commitment to supporting standards that protect both residents and investor value.

Residence on 11th presents an attractive opportunity for a qualified buyer looking for a stable, established asset with a long record of ownership continuity. The property is well positioned for continued steady performance and offers the potential for incremental operational upside under focused local ownership.