Twelve-unit apartment building offered for sale in the heart of one of Iowa's fastest-growing markets. Spacious 850+ SF two-bedroom apartments, each with private balcony or patio and separate utility meters. Building is in great condition with a long history of stable occupancy and professional management already in place. Each apartment offers generous interior storage, along with an additional, locking storage closet located in hallway - ideal for bikes and seasonal storage. Property is part of a coop assoc with neighboring apartment communities, pooling lawn care and snow removal services to achieve greater efficiency and cost savings. Located directly across from Greentree Park with tennis courts, ball diamond, and bike path access. One owner in the last 16 years. Great opportunity to own a proven investment property in one of Iowa's most in-demand markets.
Solid investment opportunity in the heart of Uptown Ankeny. This side by side ranch duplex offers two bedrooms and one bath per unit, both recently remodeled and ready to perform from day one. Currently occupied at market rent with tenants paying all utilities, so the cash flow stays clean and predictable. The improvements go well beyond cosmetics. Fresh exterior paint, new stoops, newer concrete approaches, and a new sewer line mean the big ticket items are already handled, saving the next owner real money and real headaches. Location seals it. Uptown Ankeny is one of the metro's most walkable and in demand pockets, close to shops, dining, and the amenities that keep quality tenants renewing year after year. Whether you are adding to a portfolio or buying your first rental, this one checks the boxes. Schedule your showing today. All information obtained from seller and public record.
Ankeny is located in Iowa. Ankeny, Iowa has a population of 66,346. Ankeny is more family-centric than the surrounding county with 46.08% of the households containing married families with children. The county average for households married with children is 34.53%.
The median household income in Ankeny, Iowa is $92,959. The median household income for the surrounding county is $73,015 compared to the national median of $69,021. The median age of people living in Ankeny is 32.9 years.
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 12.4 degrees. The average rainfall is approximately 35.9 inches per year, with 33.9 inches of snow per year.
