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1010 Southwest 28th Street
Ankeny, IA 50023
Asking Price
$1.39M
Asset Type
Commercial Land
Class
Class B
What's Special
Lot 6, Plat 2 | 2.28 acres <ul><li>Located directly across from DMACC, home to 15,000+ full time & part time college students</li><li>Adjacent to Prairie Trail</li><li>Easy access to I-80/I-35</li><li>Multiple lots available ranging from 0.46 – 3.19 acres</li><li>Located in Ankeny, which is one of the fastest growing large cities in Iowa</li></ul>
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NOI
$80,000
Cap Rate
5.75%
DSCR
0.97
Underwater
Cash-on-Cash
-0.61%
Monthly Payment
$6,879.059
Annual Cash Flow
$-2,548.712
