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Westfield Three-Story Apartments
For Sale
Contact for pricing
Pending

5610 W Lincoln Way, Ames, IA 50014

A 76-unit multifamily property with brick-on-block construction near Iowa State University.

Property SizeContact for details
Days on Market144

Property Features for 5610 W Lincoln Way

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 76

Building Details

Year Built 1996
Stories 3
Construction brick on block
Listing Agency: NAI Iowa Realty Commercial - Des Moines
Listed By: Jerry Marckres · License #IA S65891000
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 1:16AM

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 NAI Iowa Realty Commercial - Des Moines

Investment Insights

Based on property information with market context.

Westfield Apartments is a three-story multifamily property containing 76 units at 5610 W Lincoln Way in Ames. The building uses brick-on-block construction and was completed in 1996, providing a durable physical structure for an apartment operation.

The property sits on the west side of Ames, approximately 6 minutes from Iowa State University. Ownership has remained with the same family since construction, offering a documented holding history for prospective purchasers evaluating the asset.

Key Highlights

  • 76‑unit apartment property in Ames, IA
  • Three‑story multifamily building
  • Brick‑on‑block construction

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

76
Residential units

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby

Demographics for 50014, IA

31,587
Population
14,860
Households
2.1
Avg Household Size
26
Median Age
69%
College-Educated
98%
High-School Grad
54.2 sq mi
ZIP Area
583
Density / Sq Mi
$57,372
Median Household Income
$20,952
Median Earnings
$1,083
Median Rent
$312,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - A 76-unit multifamily property with brick-on-block construction near Iowa State University.
Where is this apartment building located?
The property is located at 5610 W Lincoln Way Ames, IA.
What are key features of this property?
This property features: 76‑unit apartment property in Ames, IA; Three‑story multifamily building; Brick‑on‑block construction
(515) 491-7575 Call to check price and availability
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