Village on State Apartments 218 Northwest State Street

Ankeny, IA 50023

For Sale

25,600 sqft

Sale Price

$2,500,000
Brochure
Map
Multifamily For Sale - Available Immediately
New Listing | 32 Units | Ankeny, Iowa
All 2BR/1BA
Built in 1971-1972
32 Units
Located in Ankeny, Iowa, the largest suburb of Des Moines
Get in touch
Ray Hamilton
Ray Hamilton
Clark Matthews
Clark Matthews
CBRE is pleased to offer the opportunity to acquire Village on State Apartments, a well-maintained 32-unit multifamily community located in the thriving city of Ankeny, Iowa. As the largest suburb of Des Moines, Ankeny boasts a population of over 76,000 and has experienced rapid growth—more than doubling since 2000—making it one of the fastest-growing cities in the nation.

Village on State Apartments consists of four buildings built in 1971-1972 and features all 2-bedroom, 1-bath floor plans.

Address: 206, 210, 214 & 218 State Street, Ankeny, IA 50023

List Price: $2,500,000

Year Built: 1971 - 1972

Number of Units: 32

Unit Mix: All 2 BR/1BA

Total Rentable SF: 25,600

Avg. In Place Rents: $827

Number of Buildings: 4

Number of Stories: 2

Parking: Surface

Laundry: 1 set of washer/dryer per building (4 sets total); contract with BDS

Heating: Boiler (1 per building)

Cooling: Sleece A/C units

Water Heater: Common (1 per building)

Appliance Package: Fridge and stove

CLICK HERE FOR MORE INFORMATION: https://www.cbredealflow.com/buyer/agreement?pv=7J-zjV01k9SekpMFpBQwgEt9JVuUWblKtMJieTZyvU7y-G46v2kX5LRR_m0QxNDA
Strategically positioned just off State Street, the property offers convenient access to Ankeny Centennial High School, Prairie Ridge Sports Complex, John Deere Des Moines Works, and a variety of retail, dining, and recreational amenities.

Total Space Available

25,600 sqft

Sale Price

$2,500,000
Get in touch
Ray Hamilton
Ray Hamilton
Clark Matthews
Clark Matthews