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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.

Attachments

Marketing Flyer

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $449,670 CAD
Price Per Unit $112,417 CAD
Sale Type Investment
Cap Rate 6.46%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.25 AC
Building Size 2,912 SF
No. Stories 2
Year Built 1977
Parking Ratio 1.75/1,000 SF
Zoning RH
Somewhat walkable
30/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
05-31-475-100
Land Assessment
$83,371 CAD
Improvements Assessment
$282,212 CAD
Total Assessment
$365,583 CAD
  • Listing ID: 41964570

  • Date on Market: 2026-09-01

  • Last Updated:

  • Address: 4719 Toronto St, Ames, IA 50014

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