Ames, IA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Ames, Iowa Market population: 60K. Explore income-producing properties with verified cap rates and operating...
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11 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Ames IA Properties: 1.4200%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 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?
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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?
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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?
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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?
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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?
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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?
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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?
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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?
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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?
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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?
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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.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Ames IA Commercial Property: $42,714
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
⭐ Featured
Prime 15-Unit Multifamily Investment in Heart of San Francisco
$4,895,000
San Francisco
Multifamily
Cap Rate
%
NOI
$0
Size
8,225 SF
⭐ Featured
7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate
$2,100,000
Long Beach
Multifamily
Cap Rate
7.00%
NOI
$144,960
Size
6,074 SF
⭐ Featured
Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate
$12,750,000
Arcata
Multifamily
Cap Rate
8.67%
NOI
$99,999
Size
87,484 SF
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