Investment Highlights
Property Type: Multifamily Investment Portfolio 
Buildings: 2 complexes featuring 3-stories each
Units: 48 units 
Sale Price: $8.5M 
Occupancy: 94% occupied 



​A brand new, modern garden style apartment community in Altoona, Iowa, featuring apartment homes with spacious floor plans, stainless steel appliances, private washers and dryers in each unit, high ceilings, hardwood flooring, walk-in closets, and granite countertops. With a strong infrastructure and an unbeatable location, Altoona is a rapidly growing community conveniently located just 10 minutes from Des Moines.

Portfolio Highlights
  • Location:
    Building A: 2304 Ironwood Dr SW Altoona, IA 50009
    Building B: 2311 Ironwood Dr SW Altoona, IA 50009

  • Year Built: 2019

  • Total Story Height: 3

  • Total Units: 48

  • Unit Mix:
    Two BR Classic (1,133 SF) - $1,229/m
    Two BR Deluxe (1,250 SF) - $1,299/m

  • % Occupied: 94%

  • Website:

Interior and Exterior Photos
Jackie Johansen Profile Pic 2019.jpg
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Nearby schools: 
  • Clay Elementary School
  • Four Mile Elementary School
  • Prairie Trail Elementary
  • Ashland Ridge Elementary School
  • Bondurant - Farrar Middle School
  • Southview Middle School
  • Southeast Polk Junior High School
  • Spring Creek - 6th Grade
  • Ankeny Centennial High School
  • Southeast Polk High School
The Barclay Altoona
The Barclay Altoona
The Barclay Altoona
The Barclay Altoona
The Barclay Altoona
The Barclay Altoona
The Barclay Altoona
The Barclay Altoona
The Barclay Altoona
About Altoona

Altoona is a small city right outside of Des Moines on I-80. It is home to the popular Adventureland amusement park and its adjacent campground, which sits on the northwest corner of the city near the Interstate. Altoona is also home to the well known Prairie Meadows Racetrack and Casino, conveniently located less than a block away from Adventureland. For more relaxed fun, Altoona features many spacious public parks around the city, offering residents great opportunities for enjoying the outdoors right in their own neighborhoods. 

Location Map