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Property profile & analytics
OFF-MARKET
Residential income homes

500 5th SW Ave Altoona, IA 50009-1651

2,408 SF 3.83 ac lot Built 1975
Individually Owned 10-yr Hold
Property ID
US25-0328435
Property profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1975
Construction FRAME
Total area 2,408 SF
Lot 3.83 ac (166,661 SF)
Zoning code R-3
APN 171/00501-004-000
UPID US25-0328435
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Prairie Village Altoona Cooper · 10 yrs held
Prairie Village Altoona Cooper
since 2015
1 recorded transaction
2015
$1.9M
Zoning & alternative use
R-3 · Altoona, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

4. R-3 Multi-family Residential District. 5. R-4 Mobile Home Park Residential District. 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 Re…

Zone name Multifamily Residential
General category RESIDENTIAL
Zone area 165.17 ac
Source Development Standards 2019
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