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Property profile & analytics
OFF-MARKET Estimated value $1,085,000
Apartment buildings

1127 Greenway Ct Altoona, IA 50009-2242

9,120 SF 3.47 ac lot Built 1982
Entity Owned 9-yr Hold Absentee Owner
Property ID
US25-0378307
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1982
Construction FRAME
Total area 9,120 SF
Lot 3.47 ac (151,153 SF)
Zoning code R-5
APN 171/00360-220-048
UPID US25-0378307
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.09M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.09M
Owner & transaction history
NEWBURY MANAGEMENT
NEWBURY MANAGEMENT
Zoning & alternative use
R-5 · Altoona, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

6. R-5 Planned Unit Development. 7. C-1 Residential-Commercial District. 8. C-2 General Commercial District. 9. C-3 Planned Commercial District. 10. C-4 Village Commercial District. 11. C-5 Office Park. 12. C-6 Commercial Entertainment or Recreational District. 13. C-7 Regional Commercial District. 14. M-1 Limited Industrial District. 15. M-1A Commercial And…

Zone name Planned Unit Development
General category PLANNED_DEVELOPMENT
Zone area 2,021.97 ac
Source Development Standards 2019
Top alternative use upside
Restaurant $1.6M +13.7%
Auto repair, garage $1.4M +2.6%
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