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Nestled in the heart of the Des Moines Metro, the property in Ankeny offers a prime location in one of the Midwest's fastest-growing and most affluent towns. Accessibility is a key feature, with proximity to 1st St and Ankeny Blvd, essential amenities like Hy-Vee Grocery, Starbucks, CVS, and various shops and dining options. Additionally, it sits across from Ankeny Miracle Park, near elementary, middle, and high schools, The District at Prairie Trail, and John Deere Des Moines Works. With convenient access to Interstate 35, the location facilitates an easy commute throughout the metro area and is just a short drive from Iowa State University in Ames. This premier location is ideal for Multifamily Investors seeking a thriving and well-connected community. Ankeny has always prided itself in being a great community, linked to the Des Moines Metro, but with its own vibe. Within 2 miles you have the DMAAC, the largest community college in Iowa and Prairie Trail District, the center of everything great about Ankeny, including Shops, restaurants, bars, fitness, boutiques, offices, movie theatre, the Ankeny Public Library and more! Highlights: 6 units, including two studios and four one-bedroom units 5 units occupied, 1 unit just recently vacated Gross income of $3,400 monthly, with potential to exceed $5,000 Individually metered units minimize owner's overhead costs Coin-operated laundry facility and potential storage space in the basement Minimal updates required, presenting valuable add-on opportunity Pro forma cap rate exceeding 9% accounts for all expenses Six large garage stalls offering untapped potential for additional rental income