Incredible investment opportunity in Ames, Iowa, a thriving college town with strong rental demand and easy accessibility to the Iowa State University campus. This property includes 43 total units across two well-maintained buildings, offering a desirable mix of 22 two-bedroom units and 21 one-bedroom units. Each unit features a full bath along with a refrigerator, stove, and dishwasher. Residents also benefit from the convenience of two washers and two dryers per building. The property has seen significant capital improvements including: New roofs and siding, HVAC systems (many replaced within the last 10 years), water heaters (5-7 years old), most decks have been replaced, and updated flooring in many units. Located in close proximity to North Grand Mall, shopping, and restaurants.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $3,295,000 | $252 | Century 21 Signature |
Year | Annual Amount | Description |
---|---|---|
2024 | $33,733 | SECTION:26 TOWNSHIP:84 RANGE:24 TRACT BEG 404'S & 60.5' E NW COR SW N35.04' E528.75' SE44.4' W554.1...see agent remarks for full description |
Kindergarten Northwood Pre - School | 0.4 miles away | PK - KG | |
Elementary School Meeker Elementary School | 1 miles away | KG - 05 | |
Elementary School Fellows Elementary School | 1 miles away | KG - 05 |