Entity Owned Property summary
AI-generated overview
This 99-unit mobile home park, situated on 63.68 acres in Ankeny, Iowa (zip code 50021, Polk County), presents a compelling value-add investment opportunity. Currently operating at 11.1% occupancy, the park boasts a beautiful inventory of existing homes and features five newly installed doublewide homes ready for immediate occupancy. The property benefits from concrete roads and drives, and a planned city sewer connection is underway. All units have access to public water, electric, and gas services. Recent renovations in 2024 have significantly enhanced the property's appeal. The park is zoned R1 and is located in a highly desirable Ankeny suburb, an area known for its high median home prices. With current area lot rents reaching the $700s and $800s, this property offers significant potential for infill development and increased rental income. New entry signage further enhances the community's curb appeal. This is an exceptional chance to acquire a well-positioned mobile home park in a thriving market, poised for substantial growth and return on investment.
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1957
Construction
FRAME
Total area
1,996 SF
Lot
29.1 ac (1,267,596 SF)
Zoning code
AT
APN
181/00002-002-934
UPID
US25-0317755
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Retirement Community
-
Marketing & Advertising Advertising Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$250k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$250k
Owner & transaction history
since 2025
1 recorded transaction
Zoning & alternative use
AT · Ankeny, IA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$250k
Value range
$225k – $275k
±10% around blend
Estimated value / SF
$125 / SF
Confidence
Property data
88
Comparable evidence
60
$225k
blend $250k
$275k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,996 SF
Lot area
29.1 ac
Year built
1957
Stories
1
APN
181/00002-002-934
Zoning
AT
Assessed value
$2,310,000
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$250k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.31M
Move the market yield to see immediate price impact.
Value / SF
$1,157
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$146k
$2.91M
$2.08M
$1.62M
$162k
$3.23M
$2.31M
$1.80M
$178k
$3.56M
$2.54M
$1.98M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$2,310,000
Assessed 2023
Previous assessed
$2,310,000
+0.0% YoY
Assessed land
$943,000
Assessed improvement
$1,367,000
Land market value
$943,000
Improvement market value
$1,367,000
Total market value
$2,310,000
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1957
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Rooms
1
Bathrooms
1
Total area
1,996 SF
Lot
29.1 ac (1,267,596 SF)
Zoning code
AT
APN
181/00002-002-934
UPID
US25-0317755
Jurisdiction
POLK
Zoning & alternative use
AT · Ankeny, IAZoning AT · permitted uses
AT · Ankeny, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1957
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Rooms
1
Bathrooms
1
Lot
29.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
AT
Jurisdiction
Ankeny, IA
Recorded code
AT
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for AT in Ankeny, IA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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