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215 Jewel Dr 8 Unit Apartment Building $1,085,000 ($135,625/Unit) Ames, IA 50010
Executive Summary
Turnkey investment opportunity! This beautifully maintained 8-plex on the south side of Ames features a strong rental history and long-term tenants, delivering cash flow from day one. There are 4 2BR units, 2 3BR units, and 2 4BR units, each with 2 full baths. Two recently renovated vacant units are available for immediate showings. A solid, income-producing property with professional management team in place if needed.
Property Facts
| Price | $1,085,000 | Building Class | C |
| Price Per Unit | $135,625 | Lot Size | 0.49 AC |
| Sale Type | Investment | Building Size | 8,000 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1996 |
| Property Subtype | Apartment | ||
| Zoning | RH | ||
| Price | $1,085,000 |
| Price Per Unit | $135,625 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 8,000 SF |
| No. Stories | 2 |
| Year Built | 1996 |
| Zoning | RH |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | $1,425 | - |
| 3+2 | 1 | $1,225 | - |
| 4+2 | 1 | $1,225 | - |
| 3+2 | 1 | $1,425 | - |
| 2+2 | 3 | $875.00 | - |
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Property Taxes
| Parcel Number | 09-23-210-300 | Improvements Assessment | $127,100 |
| Land Assessment | $15,000 | Total Assessment | $142,100 |
Property Taxes
Parcel Number
09-23-210-300
Land Assessment
$15,000
Improvements Assessment
$127,100
Total Assessment
$142,100
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215 Jewel Dr
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