4719 Toronto St - Apartments FOR SALE


Ames, IA 50014- West Ames
$325,000 USD
515-639-0145
4719 Toronto St, Ames, IA for Sale
$325,000 USD
Apartments - FOR SALE
1/8
null | 6.46% Cap Rate

4719 Toronto St
Ames, IA 50014
West Ames


HIGHLIGHTS

  • New roof, renovated units.
  • Concrete floors or LVP for easy maintenance.
  • Responsible only for water/sewage, trash, and common area electric.
  • Close to Iowa State University and growing metro area.
  • Competitive Cap rate of 6.46%.

OVERVIEW

The KataLYST Team as part of KW Commercial is pleased to market for sale this fourplex conveniently located in Ames, IA. Current ownership has completed many capital improvements including: new roof, renovation of units, renovation of common areas, and replacement of appliances. Additionally, the units feature concrete floors or LVP for less maintenance, and ownership is only responsible for water/sewage, trash, and common area electric.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

4

PRICE/UNIT

$81,250

CAP RATE

6.46%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,846 SF

ZONING

RH

APN/PARCEL ID

05-31-475-100

ASK ABOUT THIS PROPERTY

Jared HusmannThe KataLYST TeamMore Info
515-639-0145

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

Jared HusmannThe KataLYST TeamMore Info
515-639-0145

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