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    72-Unit Brick Apartment Property
    Updated: Apr 10
    72-Unit Brick Apartment Property

    801 S R St, Indianola, IA 50125

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    72‑unit apartment property
    Six brick buildings
    Low‑income HAP project
    HUD subsidy
    Located at 801 S R St, Indianola, IA 50125
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Indianola, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Value-Add Multifamily Apartment Community
    Value-Add Multifamily Apartment Community

    920 Meadow Lane, Des Moines, IA 50315

    $5,900,000
    6.86 AC lot

    102-unit apartment community across multiple parcels with surface parking in Des Moines, Iowa.

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    Remodeled 24-Unit Apartment Building
    Remodeled 24-Unit Apartment Building

    4221 SE 13th Street, Des Moines, IA 50315

    Contact for pricing
    14,256 sqft 0.65 AC lot

    Three-story walk-up with 24 one-bedroom units, individually metered electric, and on-site surface parking.

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    66-Unit Apartment Property
    66-Unit Apartment Property

    2221 Stanton Ave, Des Moines, IA 50321

    Contact for pricing
    3.90 AC lot

    Five-building multifamily property with renovated common areas, upgraded building systems, garages, and surface parking.

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    48-Unit Apartment Building
    48-Unit Apartment Building

    7500 Meadow Lands Dr, Des Moines, IA 50320

    Contact for pricing

    Multifamily property offering varied floor plans and shared recreational and resident-support amenities.

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    Indianola, IA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Indianola, IA on our real estate platform.

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    Demographics Overview

    Population 20K
    Population Growth (5Y) -1.7%
    Median Household Income $86,463
    College Educated 44.7%

    Taxes & Financing

    Tax Rate (average for all types) 2.36%
    Property Tax per SF $35.69 per SF
    Tax Rate vs County Average 0.33 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Warren County

    New Delisted

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