Central Iowa Commercial & Residential Real Estate Transactions: July Updates

Recent real estate transactions in the Central Iowa area showcase continued activity in both the commercial and residential sectors.We’ll ⁤explore the latest property sales, providing details on locations, prices, and property features. This roundup, covering transactions recorded from June 30th through July 2nd, offers a snapshot of the current market trends in Ankeny, West Des Moines, Dallas County, and ⁢surrounding communities.

Commercial Real Estate Transactions

the commercial market saw significant activity with a couple of notable sales.

Ankeny ⁢Property Acquisition

Prairie Pointe‍ LC, based in Ames, made a substantial investment⁤ in Ankeny, purchasing the Campus View Apartment complex from ⁢Campus View Student Housing LLC for $7.1 million. Located at 2030 S. Ankeny Blvd., the 3.3-acre property features 72 units and was originally built in 1998. While currently valued at $8.8 million, the recent ⁢transaction indicates strong investor confidence in the Ankeny rental market. This purchase suggests a continued demand for student and ⁣potentially young professional housing options in the area. The transaction was officially recorded on July 1st.

West Des Moines Office Building Sale

In West Des Moines, Kidwell Family II LLC of Lincoln, Nebraska, acquired a⁣ 15,640-square-foot office⁢ building at 3000 Westown Parkway from 3000 Westown Partners LP for $1.1 million. Situated on a nearly 2-acre parcel,the building,constructed in 1978,is currently valued at $1.8 million. This sale points to ongoing interest in established office spaces within the Westown Parkway ⁣corridor, a key business hub in the Des Moines metropolitan area. The transaction was recorded on July 2nd.

Dallas County Residential Sales

Dallas County experienced a flurry of residential real estate activity,with several high-value⁢ home sales recorded ⁢at the end of June and beginning ⁣of July. Thes transactions highlight the desirability of newer homes and established neighborhoods within the county.

Clive New Construction Home Sale

A newly completed home at 17872 Creekside drive in⁤ Clive sold for $1.34 million to Sharon Maas from KRM Growth.The property boasts 2,396 square feet of living space and ⁢represents the growing demand for modern, move-in-ready homes in Clive.This transaction was recorded on June 30th.

Urbandale Luxury Home Purchase

James ⁤and Caroline Larsen invested $1.35 million in a new construction home located at 4620 178th St. in Urbandale, purchased from KRM Development LLC. The 2,528-square-foot residence offers contemporary living and reflects the continued appeal of⁤ Urbandale’s family-friendly neighborhoods. The sale was finalized on July 1st.

Waukee Home Sale – Douglas Parkway

David and Anne⁤ Johnson purchased a ⁢2,052-square-foot home‍ at 15905 Douglas Parkway in Waukee from⁤ Michael Schmidt for $1.25 million. Built in 2021, this relatively new home demonstrates the demand for updated properties in the rapidly growing Waukee community.The transaction⁢ was recorded on July 1st.

Waukee Painted Woods Drive Sale

Sarah and Thomas Brown ⁢acquired a two-story home at 360 Painted Woods⁣ Drive in Waukee from Gregg and Jamie Coakley for ⁢$1.37 million. The 3,606-square-foot house, built in 2008, offers ample space and reflects the continued popularity of established ‍neighborhoods⁣ in Waukee.This sale was recorded on‍ July 2nd.