h digitalfootprint web 728x90

NOTABLE TRANSACTIONS: Downtown Des Moines lofts sold for $2.95 million

https://www.businessrecord.com/wp-content/uploads/2022/03/KathyBolten2024-e1711723664520.jpg

Sote Dooriors I LLC, based in Des Moines, paid  Hubbell Realty Co., operating as the 12th Street Lofts LLC, $2.95 million for property at 121 12th St. in downtown Des Moines, Polk County real estate records show. The property includes a 27,858-square-foot, two-story building that was converted into 26 apartment units about six years ago. The property is valued at $3.2 million. The transaction was recorded April 7.

Bondurant Farms LLC, located in Traer, paid Duane and Vicky Hanus $1.9 million for property at 9133 N.E. 94th Ave. in Bondurant, records show. The property includes 124 acres of cropland. It also includes a house built in 1863 that is described as being in poor condition by the Polk County assessor. Also on the property is a barn, steel storage bins and a garage. The transaction was recorded April 7.

Lots of Opportunity LLC, located in Ankeny, paid DRA Properties LC $1.5 million for 15 residential lots in northeast Ankeny, records. The lots are generally located north of Northeast 102nd Avenue and west of Northeast 29th Street. The transaction was recorded April 8.

Comfort Crew LLC, located in Runnells, paid CM Real Estate LLC $1.15 million for property at 505 Sheridan Ave. in Des Moines, records show. The 1.7-acre parcel includes a 12,449-square-foot office/warehouse built in 1957. The property is valued at $847,000. The transaction was recorded April 8.

Scott and Alisa Glienke paid the JRM Living Trust $1.3 million for property at 1520 Country Club Blvd. in Clive, records show. The property includes a 3,013-square-foot house built in 1989 and remodeled in 2020. The transaction was recorded April 10.

Kathryn and Lucien Wood paid Custom Holdings LLC $1.1 million for property at 1505 S.W. Des Moines St. in Ankeny, records show. The property includes a 2,186-square-foot house whose construction was recently completed. The transaction was recorded April 10.

Dallas County

Hubbell Realty Co., doing business as HRC Urbandale LLC, paid Kwality Custom Homes LLC $1.89 million for property in Barrett Estates Plat 4 in Urbandale. The plat is located near 142nd Street and Waterford Road. The transaction was recorded April 11.

Caliber Holdings II LLC, located in Ankeny, paid Hale Development Co. LLC $1.27 million for 30 residential lots in Platinum Pointe Townhomes plat in West Des Moines, records show. The plat is north of Coachlight Drive and west of South 88th Street. The transaction was recorded April 9.

https://www.businessrecord.com/wp-content/uploads/2022/03/KathyBolten2024-e1711723664520.jpg

Kathy A. Bolten

Kathy A. Bolten is a senior staff writer at Business Record. She covers real estate and development, workforce development, education, banking and finance, and housing.

Email the writer