Description
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.
Details
Address: 4719 Toronto Ave.
City & State: Ames, IA 50014
Current Price: $325,000
Building SF: 2,994 SF
Year Built: 1977
Documents
Property Highlights
- New roof, renovated units
- Concrete floors or LVP for easy maintenance
- Responsible only for water/sewage, trash, and common area electric
- Close to Iowa State University and growing metro area
- Competitive Cap rate of 6.46%








