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Missouri group buys Des Moines apartments; Hubbell Realty buys more land in Waukee

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Bach Partners LLC, located in Kansas City, Mo., paid Broadway Heights Apartments LLC and Broadway Heights Apartments II LLC $13 million for property at 4216 E. 50th St. in Des Moines, Polk County real estate records show. The property includes three three-story apartment buildings, each with 30 units. A clubhouse is also on the property. The complex was developed in 2013. The two Broadway Heights Apartments limited liability companies are managed by Hubbell Realty Co. The property is valued at $9.2 million. The transaction was recorded March 15.

DRA Properties LC paid James Farms Inc. $6.7 million for 125 acres east of Interstate Highway 35 in Ankeny, records show. The L-shaped tract of farm ground is north of Northeast 102nd Ave. The transaction was recorded March 14.

Marshmiller LLC, located in Adel, paid Rowecienda Residential Housing Cooperative $2 million for property at 3710 56th St. in Des Moines, records show. The property includes a three-story apartment building with 29 units. The structure was built in 1970. The property is valued at $1.4 million. The transaction was recorded March 15.

Acadian Ingersoll LLC, located in Des Moines, paid Harcrow Investments LLC $400,000 for property at 5050 Ingersoll Ave. in Des Moines, records show. The property includes a two-story building with six apartment units. The building was constructed in 1961. The property is valued at $323,000. The transaction was recorded March 17.

 

Dallas County
Hubbell Realty Co. buys more land in Waukee

Hubbell Realty Co., doing business as HRC Alder Point LLC, paid the Richard Petersen Revocable Trust and Claire Petersen Revocable Trust $3 million for 36.2 acres in Waukee, Dallas County real estate records show. The property is on the west side of North 10th Street/U Avenue, across the street from Triumph Park and the new Northwest High School campus. Earlier this year, in two separate transactions, Hubbell Realty bought more than 50 acres south of its most recent purchase, which was recorded March 14.

Channel Island Ventures LLC, based in Grimes, paid Stephen R. Grubb 2003 Revocable Trust $1 million for property that fronts Southeast University Avenue and Southeast Boone Drive in Waukee, records show. The 5.28-acre parcel, which is undeveloped, partially wraps around a Casey’s General Store convenience store property. The transaction was recorded March 14.

Heartland Co-op, located in West Des Moines, paid Landus Cooperative $4 million for property at 110 Railroad St. in Woodward, records show. The 5.7-acre parcel includes grain elevators, three warehouses, an office and grain storage bins. The property is valued at $3.1 million. The transaction was recorded March 18.

Scott and Carla Kizer paid the Marta Codina-Bruno Revocable Trust $1.2 million for property at 355 Painted Woods Drive in Waukee, records show. The property includes a 4,634-square-foot house built in 2007. The transaction was recorded March 18.

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