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    Boone County, IA Apartment Buildings for Sale

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    Des Moines, IA Ankeny, IA Dubuque, IA
    Parkview Terrace Multifamily Investment Opportunity
    $1,725,000
    23,760 SF

    Parkview Terrace Multifamily Investment Opportunity

    1003 Parkway Drive, Boone, IA 50036

    24-unit apartment community in Boone, Iowa with value-add potential.

    • High Occupancy Rate: 95.8% occupancy indicates strong tenant demand and consistent rental income.
    • Attractive Cap Rate: An 8.11% cap rate suggests a potentially lucrative investment opportunity.
    • Value‑Add Potential: Opportunity for increased revenue through interior unit renovations.
    • All 2BR/1.5BA Units: Desirable unit mix appealing to a broad tenant base.
    • Proximity to Major Employers: Located near a planned $676M Daisy Brands facility, potentially increasing tenant demand.
    Updated: Mar 25
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    Boone Iowa Apartment Community
    $3,595,000
    42,122 SF

    Boone Iowa Apartment Community

    1104 8th St, Boone, IA 50036

    57-unit apartment community in Boone, Iowa, near Iowa State.

    • High Cap Rate of 8.22%
    • Value‑add opportunity through continued interior unit renovations and common area enhancements.
    • 20 out of 57 units have been renovated with new LVP flooring, paint, cabinetry, and appliances.
    • Well‑maintained 57‑unit apartment community.
    • Four units include in‑unit washer and dryer.
    Updated: Mar 5
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Boone County, IA, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
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    Norman Land For Luxury Condos
    $285,000
    0.74 Acres

    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072
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    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres

    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details

    Boone County, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in Boone County, IA on our real estate platform. These investment opportunities span a total of 65,882 square feet of properties for sale, with an estimated market value of $5,320,000.

    Sale prices for two-family homes in Boone County, IA start at $1,725,000, averaging $2,660,000, and reaching up to $3,595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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