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Ames, NY High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Ames, New York Market population: 60K. Explore income-producing properties with verified cap rates and...

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📊 Average Cap Rate For Ames IA Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

Discover a compelling investment in Buffalo’s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF

📊 Avg Property Tax Rate For Ames IA Properties: 1.4200%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000
Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%
NOI $107,842
Size 8,640 SF

Investor Questions For Ames IA

Common questions from investors exploring commercial real estate in Ames IA.

What is the overall investment potential of Ames, IA, considering its demographic and economic factors? +
The city's relatively high poverty rate of 28.0% and moderate median household income of $42,714 suggest a mixed market, but the strong health insurance coverage of 94.6% and short average commute time of 15.9 minutes indicate a stable workforce, making it an attractive location for investors looking for a balance between affordability and reliability.
How does the ethnic diversity and industry landscape of Ames, IA impact the local real estate market? +
The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Asian, combined with its strong industries in Construction, Public Administration, and Finance & Insurance, suggest a robust and varied economy, which can lead to a stable demand for housing and rentals, making it an appealing market for real estate investors.
What are the implications of Ames, IA's housing market and quality of life metrics for real estate investors? +
The median property value of $173,200 and median property taxes of $9,746, along with the high health insurance coverage and short commute times, indicate a relatively affordable and desirable place to live, which can contribute to a stable and potentially appreciating housing market, making it a worthwhile consideration for investors.
How does the poverty rate and employment landscape of Ames, IA affect the quality of tenants and rental yields? +
The poverty rate of 28.0% and employed population of 32,908 suggest a working-class market with employment stability, and when combined with the high health insurance coverage of 94.6%, indicate a reliable tenant base, which can lead to stable rental yields and lower vacancy rates, making it an attractive option for rental property investors.
What role do the city's commute methods and transportation infrastructure play in its real estate investment potential? +
The short average commute time of 15.9 minutes and top commute methods of driving alone, working from home, and walking suggest a well-planned and efficient transportation system, which can increase the attractiveness of the city to residents and businesses, leading to a more stable and potentially growing real estate market, making it a valuable consideration for investors looking for long-term appreciation and rental income.

Ames IA Real Estate & City Facts

Key facts and real estate information about Ames IA.

What are some of the best neighborhoods to live in Ames? +
Some of the best neighborhoods to live in Ames include Sunset Ridge, North Ridge Heights, Somerset, and Onion Creek. These neighborhoods offer a range of housing options, from affordable to upscale, and are known for their friendly communities and convenient access to amenities.
What are some fun things to do in Ames? +
There are plenty of fun things to do in Ames, including visiting Reiman Gardens, exploring the Iowa State University campus, and checking out the local breweries like Alluvial Brewing Company and Torrent Brewing Company. You can also stroll through downtown Ames and discover its unique shops and restaurants.
What is the food scene like in Ames? +
The food scene in Ames is vibrant and diverse, with a range of restaurants serving everything from classic American comfort food to international cuisine. Some popular spots include The Cafe, Hickory Park Restaurant, Aunt Maude's, and Provisions Lot F. There are also plenty of great food trucks and cafes to grab a quick bite or coffee.
What are the pros and cons of living in Ames? +
The pros of living in Ames include its friendly community, affordable housing options, and plenty of things to do and see. However, some cons include the town's relatively small size, which can make it feel quiet or limited at times. Additionally, the weather in Ames can be quite cold and snowy in the winter, which may not be ideal for everyone.
Is Ames a good place to live? +
Overall, Ames is a great place to live, offering a unique blend of small-town charm and big-city amenities. Its strong sense of community, beautiful parks and gardens, and vibrant cultural scene make it an attractive option for families, students, and young professionals alike. While it may not be perfect for everyone, Ames is definitely worth considering for those looking for a friendly and affordable place to call home.
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