Two-Building Garden-Style
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1102 SE Belmont Dr, Ankeny, IA 50021
Belmont Point Apartments is a 16-unit, two-bedroom property with separately metered gas and electricity.
Property SizeContact for details
Days on Market122
Property Features for 1102 SE Belmont Dr
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Marcus & Millichap - Minneapolis
Listed By:
Matthew Shide · License #IA: S68565000 / MN: 40588965
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 12:17AM
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 Marcus & Millichap - Minneapolis
Investment Insights
Based on property information with market context.
Belmont Point Apartments, constructed in 1968, includes two separate 8-unit buildings totaling sixteen apartments. The property offers 16 two-bedroom, one-bath units, and each unit is separately metered for gas and electricity. More than half of the units have received updates within the last five years, including vinyl flooring, countertops, cabinets, appliances, and bathroom vanities. Building systems and select upgrades include roof replacements completed in 2018, new garden level windows in 2019 for building 1102, and seven in-unit furnaces replaced within the last five years. Tenants have access to off-street parking and onsite laundry.
Located near Ankeny Boulevard, the apartments are situated in a quiet residential neighborhood with nearby shopping, dining, and entertainment options. For school access, the property is listed as about 0.5 miles from Southeast Elementary School and about 1.0 mile from Ankeny High School. Des Moines Area Community College is less than two miles away.
With 16 individually metered units and a mix of recent interior and exterior improvements, Belmont Point Apartments presents a straightforward multifamily configuration for ongoing resident service and property upkeep.
Located near Ankeny Boulevard, the apartments are situated in a quiet residential neighborhood with nearby shopping, dining, and entertainment options. For school access, the property is listed as about 0.5 miles from Southeast Elementary School and about 1.0 mile from Ankeny High School. Des Moines Area Community College is less than two miles away.
With 16 individually metered units and a mix of recent interior and exterior improvements, Belmont Point Apartments presents a straightforward multifamily configuration for ongoing resident service and property upkeep.
Key Highlights
- Belmont Point Apartments features two 8‑unit buildings totaling 16 two‑bedroom/one‑bath units.
- Units are separately metered for gas and electricity.
- Property totals 1.01 acres and offers 800 SF units.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
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Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Belmont Point Apartments is a 16-unit, two-bedroom property with separately metered gas and electricity.
Where is this apartment building located?
The property is located at 1102 SE Belmont Dr Ankeny, IA.
What are key features of this property?
This property features: Belmont Point Apartments features two 8‑unit buildings totaling 16 two‑bedroom/one‑bath units.; Units are separately metered for gas and electricity.; Property totals 1.01 acres and offers 800 SF units.
