NOTABLE TRANSACTION: 2 Ankeny office buildings sold for $4.3 million
SH Investment Properties LLC, located in Ankeny, paid One Source Services LLC $4.3 million for property at 1200 and 1250 S.W. State St. in Ankeny, Polk County real estate records show. The property includes two office buildings, both with gable-style roof lines and brick exteriors. The 11,096-square-foot building at 1200 S.W. State St. was constructed in 2012; the one at 1250 S.W. State St. includes 15,040 square feet and was built in 2010. The properties in 2019 were each valued at $2.1 million. The transaction was recorded Feb. 19.
Compounding Capital Holdings LLC paid Hurd Crescent LLC $4 million for property at 8650 N.W. 62nd Ave. in Johnston, records show. The property includes a 12,388-square-foot structure constructed in 2018. New Horizon Academy, a child care and early education center, is located in the building, according to its website. The property, which includes 1.5 acres, was valued at $2.2 million in 2020. The transaction was recorded on Feb. 16.
5954 Ashworth Investments LLC paid TEI LLC $567,000 for property at 5954 Ashworth Road, Unit 2, records show. The property, valued at $503,000 in 2019, includes a 3,885-square-foot retail area in a neighborhood shopping center. The transaction was recorded on Feb. 18.
Kwality Custom Homes LLC, based in Urbandale, paid RJB LLC $1.1 million for nearly 13 acres on the south side of Waterford Road at 147th Street in Urbandale, Dallas County real estate records show. The undeveloped farm ground was valued at $21,000 in 2020. The transaction was recorded on Feb. 16.