2279 E 190th St | Ames, IA 50010
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This Multifamily Property is no longer advertised on LoopNet.com.
2279 E 190th St
Ames, IA 50010
Hickory Grove Mobile Home Park · Multifamily Property For Sale
·
25,500 SF

INVESTMENT HIGHLIGHTS
- Located in an irreplaceable location in Ames, home of Iowa State University, the leading Division 1 Agricultural University.
- Stabilized with 100% occupancy & lot rent upside. Municipal water, direct billed to residents.
- Recent CapEx includes Tree Removal, Electrical, Landscaping, New Homes & Sand Filtration System
- 7.4% Cap Rate Current & 9% Cap Rate on Market Rents
- With a strong local economy based around both the college and agriculture, the area around Hickory Grove enjoys an unemployment rate as low as 1.7%
- Excellent Resident Manager
PROPERTY FACTS
| No. Units | 34 | Building Size | 25,500 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Building Class | C | Year Built | 1957 |
| Lot Size | 10.70 AC | Parking Ratio | 2.23/1,000 SF |
| Zoning | A-1-Agricultural | ||
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 10.70 AC |
| Building Size | 25,500 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1957 |
| Parking Ratio | 2.23/1,000 SF |
| Zoning | A-1-Agricultural |
PROPERTY TAXES
| Parcel Number | 06-18-300-350 | Improvements Assessment | $246,800 |
| Land Assessment | $804,100 | Total Assessment | $1,050,900 |
PROPERTY TAXES
Parcel Number
06-18-300-350
Land Assessment
$804,100
Improvements Assessment
$246,800
Total Assessment
$1,050,900
Listing ID: 26039872
Date on Market: 6/28/2022
Last Updated:
Address: 2279 E 190th St, Ames, IA 50010
The Multifamily Property at 2279 E 190th St, Ames, IA 50010 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
NEARBY LISTINGS
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