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439 S Maple Avenue

Ames, IA 50010
  • $1,190,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 704069
UPDATED: 159 min ago
$1,190,000
  • 16
    BEDS
  • 0.33
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 7,436
    SQFT
  • $160
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1975
County:
Area:

School Ratings & Info

School District:

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.

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© 2024 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Kooyman Real Estate Team | Coldwell Banker Mid-America. Data last updated: 2024-11-06T00:22:39.707.
www.kooymanrealestateteam.com/homes/155452666
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439 S Maple Avenue Ames, IA 50010

  • Price: $1,190,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 159 min ago
  • MLS #: 704069
16
Beds
8
Baths
0
½ Baths
0.33
Acres
7,436
SQFT
$160
$/SQFT
1975
Built
Neighborhood:
Ames
County:
Story
Area:
Ames
School District:
Ames
Property 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.
Exterior Features

Architectural Style Two Story Construction Materials Wood Siding Foundation Details See Remarks Slab Levels Two Road Surface Type Concrete Roof Asphalt Shingle

Interior Features

Cooling Central Air Cooling YN Yes Furnished Unfurnished Heating Electric Forced Air Heating YN Yes

Property Features

Association Fee Includes Cable TV Maintenance Grounds Recreation Facilities Snow Removal Lease Considered YN No Listing Terms Cash Conventional Lot Features Rectangular Lot Owner Pays Insurance Water Sewer Public Sewer Tax Annual Amount 6982 Tax Year 2024 Tenant Pays Electricity Utilities Electricity Available Water Available Water Source Public Zoning RH

Listing provided courtesy of LPT Realty, LLC: (877) 366-2213. © 2024 Des Moines Multiple Listing Service.
© 2024 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Kooyman Real Estate Team | Coldwell Banker Mid-America. Data last updated: 2024-11-06T00:22:39.707.
 
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