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NOTABLE TRANSACTIONS: Des Moines group buys apartment buildings on Ingersoll Avenue

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A Des Moines investment group has purchased two apartment buildings located along Ingersoll Avenue, Polk County real estate records show. 

Hom Investments 8 LLC 
paid 3927 Ingersoll LLC $1.6 million for property at 3927 Ingersoll Ave. in Des Moines, records show.

The property includes a four-level, brick apartment building constructed in 1924. The building, called Alta Casa, includes 15 apartment units. A garage is adjacent to the building. The property is valued at $1.6 million.

The transaction was recorded Oct. 12.

 
 
 

The group also purchased property at 2714 Ingersoll Ave.

Hom Investments 7 LLC paid 2714 Ingersoll LLC $1.85 million for the property. The brick apartment building, with four levels, was constructed in 1918 and includes 22 units.

The property is valued at $1.65 million. The transaction was recorded Oct. 12.

In other transactions:

BEK LLC, based in Des Moines, paid Penta Partners LLC $1.27 million for property at 1408 and 1410 N.W. Laurel St. in Elkhart, records show. The properties include nearly 10 acres of undeveloped ground. The transaction was recorded Oct. 15.

Justin Gibson of Ankeny paid L3B Property LLC $880,000 for property at 803, 807 and 811 S.W. Des Moines St. in Ankeny, records show. The property includes about 4.3 acres of undeveloped ground. The transaction was recorded Oct. 11.

Collier LLC, based in Ankeny, paid DRA Properties LC $1 million for property at 1675 S.W. Magazine Road in Ankeny, records show. The property includes 3.2 acres of undeveloped land. The transaction was recorded Oct. 15.

Lardog Properties LLC,
 located in Des Moines, bought three properties in an area in Ankeny being developed with light industrial projects. Specifically, the group:

• Paid Dennis and Melinda Strable $1 million for property at 1530 S.E. 72nd St. that includes 9 acres. The property also includes a single-family house built in 1940. The property, which includes a pole barn, is valued at $225,100.
• Paid William Mathews $375,000 for 1 acre at 1610 S.E. 72nd St. The property includes a single-family house building in 1984. The property is valued at $231,500
• Paid Duane and Tamara Huinker $295,000 for 1.7 acres at 1640 S.E. 72nd St. A single-family house on the property was built in 1970. The property is valued at $190,200.

The transactions were recorded Oct. 15.

JM Commercial Holdings LLC, based in West Des Moines, paid SCS Property Management LLC $3.6 million for property at 145 N.E. Dartmoor Drive in Waukee, Dallas County real estate records show. The property includes a 12,840-square-foot neighborhood shopping center constructed in 2004 and a 7,828-square-foot office building constructed in 2006. The one-story buildings are located on 2 acres. The property is valued at $2.2 million. The transaction was recorded Oct. 14.

Sanav Adel Holdings LLC, based in West Des Moines, paid Adel Township LLC $2.345 million for 32.7 acres in Dallas County, records show. The farm ground is south of U.S. Highway 6 and east of Puckersbrush Road/Quinlan Court, between Adel and Waukee. The transaction was recorded Oct. 11.

Daniel Kargarzadeh and David Kargarzadeh, both of Denver, Colo., paid Hope K Farms LLC $2.4 million for 39 acres east of North Warrior Lane and north of Meredith Drive in Waukee, records show. The transaction was recorded Oct. 14.