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4719 Toronto St
Ames, IA 50014
Multifamily Property For Sale
·
4 Units
Investment Highlights
- New roof, renovated units
- Responsible only for water/sewage, trash, and common area electric
- Competitive Cap rate of 6.46%
- Concrete floors or LVP for easy maintenance
- Close to Iowa State University and growing metro area
Executive Summary
The KataLYST Team as part of KW Commercial is pleased to market for sale this fourplex conveniently located in Ames, IA.
Current ownership has completed many capital improvements including: new roof, renovation of units, renovation of common areas, and replacement of appliances.
Additionally, the units feature concrete floors or LVP for less maintenance, and ownership is only responsible for water/sewage, trash, and common area electric.
Current ownership has completed many capital improvements including: new roof, renovation of units, renovation of common areas, and replacement of appliances.
Additionally, the units feature concrete floors or LVP for less maintenance, and ownership is only responsible for water/sewage, trash, and common area electric.
Property Facts
| Sale Type | Investment | Building Class | B |
| No. Units | 4 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 2,912 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1977 |
| Zoning | RH | ||
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.25 AC |
| Building Size | 2,912 SF |
| No. Stories | 2 |
| Year Built | 1977 |
| Zoning | RH |
Property Taxes
| Parcel Number | 05-31-475-100 | Improvements Assessment | $203,100 |
| Land Assessment | $60,000 | Total Assessment | $263,100 |
Property Taxes
Parcel Number
05-31-475-100
Land Assessment
$60,000
Improvements Assessment
$203,100
Total Assessment
$263,100
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