$1,190,000
 $6,388 est/mo Sourced by Back At You

439 S Maple Avenue , Ames, IA 50010

Ames, IA 50010

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Description

The Cardinal View apartment building offers a lucrative 8-unit investment opportunity, strategically located within walking distance of Iowa State University’s Hilton Coliseum, Jack Trice Stadium, and the upcoming CyTown development. This prime location ensures a consistent rental demand from students, sports fans, and professionals alike. The building comprises fully rented 2-bedroom, 1-bath units, providing a stable income stream for investors. Recent significant improvements enhance the building’s value and long-term appeal. With a strong rental history and proximity to key landmarks, Cardinal View presents a compelling opportunity for investors seeking steady cash flow and long-term appreciation.

Details

MLS#704069
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1975
Days On Site44
Listing Provided ByLPT Realty, LLC | James Hibbs

Features

Bed(s)16
Bath(s) 8 Total
SQ Feet7,436
Story(s)2
ZoningRH
Acreage0.33

Market Activity 50010

The information is being provided by Des Moines Area Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Listings Checked: 2 minutes ago
StateIA
CountyStory
CityAmes
Zip Code50010
AreaAmes
Listing VS Median (in 50010)
Price:
$1,190,000
low | high
Med:
$374,950
100% of Average
SqFt:
7,436
low | high
Med:
1,577
100% of Average
$ / SqFt:
$160
low | high
Med:
$243
2% of Average
On Site:
44
low | high
Med:
59.000000
74.576271186441% of Average
Sourced by Back At You
Listing Updated: November 1, 2024 at 12:51:41 PM PDT
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