A group based in Adel has purchased three apartment buildings located in the Waveland Park neighborhood in Des Moines, Polk County real estate records show. Latus Capital LLC, located in Adel, paid 4314 University LLC $935,000 for property at 4314 University Ave. The property includes three two-story apartment buildings with brick exteriors. The buildings were constructed in 1924. The property is valued at $733,000. The transaction was recorded Aug. 8.

In other transactions:

Labounty Properties LLC, located in Ankeny, paid DRA Properties LC $414,473 for property at 2330 S.W. Vintage Parkway in Ankeny, real estate records show. The property includes 1.7 acres of undeveloped ground. The transaction was recorded Aug. 8.

Donna McAninch Revocable Trust paid Clarity Construction Inc. just over $1 million for property at 1002 N.E. 59th Court in Ankeny, records show. The property includes a 3,232-square-foot single-family house built in 2021. The transaction was recorded Aug. 8.

Merle Hay Road Carwash Re LLC paid $812,500 for property at 5701 Douglas Ave. and 3814 and 3818 57th St. in Des Moines, records show. The group purchased the properties from 5701 LLC and AZ LLC. The property includes about 0.827 acre of vacant ground. The transactions were recorded Aug. 9.

RSS UBSBB2012 C3 LLC, located in Miami, acquired property at 1200 E. Army Post Road from the Polk County sheriff, Des Moines Associates and Des Moines Associates LP, records show. The Florida entity paid $3 million for the 8-acre parcel that includes a 125,416-square-foot strip shopping center in which Gordman’s had been located. Also on the property are two restaurant buildings. The property, developed in 1976, is valued at $6.7 million. The transaction was recorded Aug. 10.

Zoe Zelinsky paid the Stacie Pauline Palmer 2017 Revocable Trust $1.65 million for property at 1784 Burr Oaks Drive in West Des Moines, records show. The property includes a one-story, 2,836-square-foot house built in 2005. The transaction was recorded Aug. 10.

Ledgestone Ridge Polk City LLC paid Jarrod and Meghan Ruckle $4.5 million for 31 undeveloped residential lots in the Ledgestone Ridge plat in Polk City, records show. The properties are southwest of the Tournament Club of Iowa golf course. The transaction was recorded Aug. 11.
Waagenaar Family Trust, located in Winnetka, Calif., paid Hurd Real Estate Services Inc. $2.26 million for property at 208 Johnson Court in Des Moines, records show. The nearly 1.5-acre parcel includes a 3,080-square-foot building occupied by Arby’s fast foot restaurant (pictured). The building was constructed in 1990. The property is valued at just over $1 million. The transaction was recorded Aug. 12.

Dallas County
A group of investment entities paid BDC Management Corp. $3.99 million for rental properties at 700 Ashworth Drive in Waukee; 401, 405, 408, 412, 502 and 506 S. 12th St. in Adel; and 2121 Greene St. in Adel, Dallas County real estate records show. Purchasers of the properties include Royalt LLC, Allgood Properties LLC, DRB Investments LLC, Deekay Investments LLC and 2Goldens LLC. The property in Waukee includes a 3,024-square-foot, two-story apartment building constructed in 1968. The properties on South 12th Street are duplexes constructed in 1980, and the properties on Greene Street are condominiums. The transaction was recorded Aug. 8.

Caleb and Allison Brainerd paid Derek and Leslie Schmidt $1.16 million for property at 715 Century Circle in Waukee, records show. The property includes a one-story, 2,445-square-foot house constructed in 2019. The transaction was recorded Aug. 10.