Technical
Financial
Distress signals
Property profile

203 24th Ln Ankeny, IA 50021

OFF-MARKET
Apartment buildings
Property ID
US25-0769500
16,176 SF 0.15 ac lot Built 2019
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2019
Construction FRAME
Total area 16,176 SF
Lot 0.15 ac (6,326 SF)
APN 181/14450-006-079
UPID US25-0769500

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

203 24th Ln Ankeny, IA 50021-6942
Ankeny metro Census 10216 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$737k
Blend (final) Blend
$1.21M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Retail stores $1.9M +2.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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