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Multifamily Apartment Building
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5910 W Lincoln Way, Ames, IA 50014

Three-story, brick-on-block apartment building with 76 units on the west edge of Ames.

Property SizeContact for details
Days on Market128

Property Features for 5910 W Lincoln Way

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 76

Building Details

Year Built 1996
Stories 3
Construction brick on block
Tenancy Multi
Listing Agency: NAI Iowa Realty Commercial - Des Moines
Listed By: Jerry Marckres · License #IA S65891000
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 2:34AM

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 with 76 units. The building features brick-on-block construction and was built in 1996. Ownership has been held by the same family since construction.

The property is located on the west edge of Ames, Iowa, and is approximately 6 minutes from Iowa State University.

This offering is presented as a value-add opportunity, and additional financial information is available upon request.

Key Highlights

  • 3‑story, brick‑on‑block multifamily apartment building on the west edge of Ames, IA
  • 76‑unit apartment property
  • Built in 1996 and held by the same family since construction

Property Analytics

Current Use

Westfield Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Pharmacy Kitchen & Bath Showroom Grocery & Convenience Store Spa & Massage Center

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

63
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 - Three-story, brick-on-block apartment building with 76 units on the west edge of Ames.
Where is this apartment building located?
The property is located at 5910 W Lincoln Way Ames, IA.
What are key features of this property?
This property features: 3‑story, brick‑on‑block multifamily apartment building on the west edge of Ames, IA; 76‑unit apartment property; Built in 1996 and held by the same family since construction
(515) 453-5480 Call to check price and availability
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