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Financial
Distress signals
Property profile

222 College Ave Ankeny, IA 50023

OFF-MARKET
Other apartment buildings
Property ID
US25-2568582
4,416 SF 0.48 ac lot Built 1967
Last sale Jun 2021 · $390,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years.
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Property summary

AI-generated overview

A multifamily residential property consisting of eight apartment units located at 222 NW College Ave in Ankeny, Iowa, configured as a small-scale rental complex within the local residential rental market. The listing describes the building as having a history of consistent occupancy, with the property used for long-term apartment tenancy.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$7k
Tax billed · 2020
Assessed value · 2023$510k
Assessed land$68k
Assessed improvement$442k
Effective rate1.43%

Value estimate

· Oct 2026
$375k
$338k – $413k
AI approach$345k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$100/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$71 – $169

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-3
A. Any uses permitted in the R-3 District, provided that any new residential uses shall be located only in mixed use buildings that also ...
General categoryRESIDENTIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.3
Law Firm15.1
Restaurant14.3

Location

222 College Ave Ankeny, IA 50023-2156
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
202 College, Ankeny, IA 50023-2136 $1,024,000 Jun 2022 4,352 SF
213 College, Ankeny, IA 50023-2133 $456,500 Feb 2022 4,352 SF
1901 1st, Ankeny, IA 50023-2429 $530,000 Jul 2021 4,352 SF
105 College, Ankeny, IA 50023-2124 $500,000 Jul 2021 4,352 SF
810 1st, Ankeny, IA 50023-2643 $440,000 Jul 2021 4,488 SF
1514 4th, Ankeny, IA 50023-2250 $970,000 Jul 2021 4,554 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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