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    Boone County, IA Multifamily Properties for Sale

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    Parkview Terrace Multifamily Investment Opportunity
    $1,725,000
    23,760 SF

    Parkview Terrace Multifamily Investment Opportunity

    1003 Parkway Drive, Boone, IA 50036

    24-unit apartment community in Boone, Iowa with value-add potential.

    • High Occupancy Rate: 95.8% occupancy indicates strong tenant demand and consistent rental income.
    • Attractive Cap Rate: An 8.11% cap rate suggests a potentially lucrative investment opportunity.
    • Value‑Add Potential: Opportunity for increased revenue through interior unit renovations.
    • All 2BR/1.5BA Units: Desirable unit mix appealing to a broad tenant base.
    • Proximity to Major Employers: Located near a planned $676M Daisy Brands facility, potentially increasing tenant demand.
    Updated: Mar 25
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    Boone Iowa Apartment Community
    $3,595,000
    42,122 SF

    Boone Iowa Apartment Community

    1104 8th St, Boone, IA 50036

    57-unit apartment community in Boone, Iowa, near Iowa State.

    • High Cap Rate of 8.22%
    • Value‑add opportunity through continued interior unit renovations and common area enhancements.
    • 20 out of 57 units have been renovated with new LVP flooring, paint, cabinetry, and appliances.
    • Well‑maintained 57‑unit apartment community.
    • Four units include in‑unit washer and dryer.
    Updated: Mar 5
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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 Active listings in Boone County, IA, we suggest exploring several alternatives: similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Des Moines Development Land Available
    $1,013,600
    28.96 Acres

    Des Moines Development Land Available

    29 acres of development land near Fleur Dr and SW 9th.

    01 County Line Road, Des Moines, IA 50320
    View details
    Improved Residential Lot Ready-to-Go
    Contact for pricing

    Improved Residential Lot Ready-to-Go

    Affordable, improved corner lot in Davis City, Iowa.

    SE Corner W High Street, Davis City, IA 50065
    View details
    Minnesota Lakeshore Acreage with Development Potential
    $124,900
    9.30 Acres

    Minnesota Lakeshore Acreage with Development Potential

    9.3 acres with 244 feet of lakeshore near Worthington.

    Fulda, MN 56131
    View details
    Leavenworth Land For Sale
    $1,750,000
    35.00 Acres

    Leavenworth Land For Sale

    35 acre commercial lot with utilities ready for development.

    13788 McIntyre1 Road, Leavenworth, KS 66048
    View details

    Explore Off-Market Properties in Boone County, IA

    Consider similar Off-Market properties in Boone County, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2028 Mamie Eisenhower Ave

    2028 Mamie Eisenhower Ave

    MOBILE HOME PARK, TRAILER PARK • 4.28 Acres
    Value Estimation by Request
    2028 Mamie Eisenhower Ave, Boone, IA 50036-4433
    View details
    6100 Lincoln Way

    6100 Lincoln Way

    MOBILE HOME PARK, TRAILER PARK • 8.30 Acres
    Value Estimation by Request
    6100 Lincoln Way, Ames, IA 50014-9519
    View details
    619 Maple St

    619 Maple St

    MOBILE HOME PARK, TRAILER PARK • 0.40 Acres
    Value Estimation by Request
    619 Maple St, Ogden, IA 50212-2093
    View details
    607 7th St

    607 7th St

    MOBILE HOME PARK, TRAILER PARK • 0.80 Acres
    Value Estimation by Request
    607 7th St, Ogden, IA 50212-7604
    View details
    513 7th St

    513 7th St

    MOBILE HOME PARK, TRAILER PARK • 0.80 Acres
    Value Estimation by Request
    513 7th St, Ogden, IA 50212-7414
    View details
    917 Kennedy Ave

    917 Kennedy Ave

    MOBILE HOME PARK, TRAILER PARK • 18.64 Acres
    Value Estimation by Request
    917 Kennedy Ave, Madrid, IA 50156-9642
    View details
    1901 1st St

    1901 1st St

    MOBILE HOME PARK, TRAILER PARK • 6.38 Acres
    Value Estimation by Request
    1901 1st St, Boone, IA 50036-4440
    View details
    1901 1st St

    1901 1st St

    MOBILE HOME PARK, TRAILER PARK • 0.69 Acres
    Value Estimation by Request
    1901 1st St, Boone, IA 50036-4440
    View details
    1901 1st St

    1901 1st St

    MOBILE HOME PARK, TRAILER PARK • 3.13 Acres
    Value Estimation by Request
    1901 1st St, Boone, IA 50036-4440
    View details
    Boone, IA 50036

    Boone, IA 50036

    MOBILE HOME PARK, TRAILER PARK • 5.35 Acres
    Value Estimation by Request
    Boone, IA 50036
    View details

    Boone County, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 12 multifamily properties for sale in Boone County, IA on our real estate platform. These investment opportunities span a total of 65,882 square feet of properties for sale, with an estimated market value of $5,320,000.

    Sale prices for multifamily properties in Boone County, IA start at $1,725,000, averaging $2,660,000, and reaching up to $3,595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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