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4-Unit Multifamily Property

1110 Southeast Belmont Drive, Ankeny, IA 50021

For Sale
Contact for pricing

All four residences are occupied, providing current rental occupancy.

Property SizeContact for details
Days on Market8

Property Features for 1110 Southeast Belmont Drive

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 4
Tenant in Place Yes
Listing Agency: CBRE - Des Moines
Listed By: Ray Hamilton · License IA S66838000
Source: Crexi
Added: Nov 2 Changed: Nov 8 Last Checked: Nov 8 at 4:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Des Moines

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Investment Insights

Based on property information with market context.

This four-unit multifamily property is located at 1110 Southeast Belmont Drive in Ankeny, Iowa. Each unit is occupied.

Key Highlights

  • Four residential units
  • All units currently occupied
  • Located in Ankeny, Iowa

Property Analytics

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Open Analytics

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

337
Businesses Nearby

Demographics for 50021, IA

28,807
Population
12,463
Households
2.3
Avg Household Size
36
Median Age
49%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
1,195
Density / Sq Mi
$98,847
Median Household Income
$55,108
Median Earnings
$1,434
Median Rent
$295,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Polk County, IA

$136 Jul
$128 Aug
$141 Sep
$149 Oct

Properties on Market for Multifamily properties in Polk County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - All four residences are occupied, providing current rental occupancy.
Where is this multifamily property located?
The property is located at 1110 Southeast Belmont Drive Ankeny, IA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Four residential units; All units currently occupied; Located in Ankeny, Iowa
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