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Arizona group acquires Royal Oaks apartment complex

Arizona group acquires Royal Oaks apartment complex
businessrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessrecord.com Daily Mail and Mail on Sunday newspapers.

Grove At Hickman , Rt Family Properties , Seek Set , Motor Freight Line , Hickman Partners , Trip Portfolio , Royal Oaks , Polk County , Des Moines , Freight Line , Johns Creek , Valor Home Builders ,

NOTABLE TRANSACTIONS: Apartment complex in Des Moines sold for $7.3 million

NOTABLE TRANSACTIONS: Apartment complex in Des Moines sold for $7.3 million
Wednesday, June 16, 2021 8:00 AM
Hickman Partners LLC, an Omaha-based group, paid Royal Oaks DSM LLC $8.7 million for property
at 2400 Hickman Road in Des Moines, Polk County real estate records show. The 11-acre parcel includes the Royal Oaks apartment complex (pictured) constructed in 1973. The complex, with 203 units, includes eight three-story apartment buildings and a clubhouse/rental office building. The property is valued at $7.3 million. The transaction was recorded June 7.
Scott Mikkelsen, Amber Mikkelsen, Eric Johansen and Ryan Barton paid Five Star Development No. IV LLC $2 million for undeveloped property on the southeast corner of Northwest 36th Street and Northwest Irvinedale Drive in Ankeny, records show. The transaction was recorded June 7. ....

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