Doran Apartments 823 Doran Drive
Boone, IA 50036
Sale Price
$425,000
Brochure
Map
Multifamily For Sale - Available Immediately
On Market | 7 Units | 8.91% Cap Rate | Boone, IA | 35 Minutes North of Des Moines MSA
8.91% Cap Rate
1-Studio; 2-1BR/1BA; 4-2BR/1BA
35 Minutes North of Des Moines MSA
Get in touch
David Eckley
Ray Hamilton
Clark Matthews
Cy Fox
CBRE is pleased to offer the opportunity to acquire Doran Apartments, a 7-unit apartment community located in Boone, Iowa. Boone is located 15 minutes directly west of Ames, home of Iowa State University, and 35 minutes north of the Des Moines MSA.
Built in 1972, Doran Apartments features one studio, two 1BR/1BA, and four 2BR/1BA floor plans. The property also includes 4 detached garages and on-site surface parking.
Address: 823 Doran Drive, Boone, IA 50036
List Price: $425,000
Cap Rate: 8.91%
Number of Units: 7
Unit Mix: 1-Studio; 2-1BR/1BA; 4-2BR/1BA
Average In-Place Rents: $753
Year Built: 1972
Built in 1972, Doran Apartments features one studio, two 1BR/1BA, and four 2BR/1BA floor plans. The property also includes 4 detached garages and on-site surface parking.
Address: 823 Doran Drive, Boone, IA 50036
List Price: $425,000
Cap Rate: 8.91%
Number of Units: 7
Unit Mix: 1-Studio; 2-1BR/1BA; 4-2BR/1BA
Average In-Place Rents: $753
Year Built: 1972
Sale Price
$425,000
Get in touch
David Eckley
Ray Hamilton
Clark Matthews
Cy Fox