Case study

Haven Apartments

Ames, IA

Haven Apartments was built in 1992 in Ames, IA. Acquired by Metonic in 2021, the property features a mix of one and two-bedroom homes. Located minutes from Iowa State University, the community features on-site laundry, controlled access, and pet-friendly living.

Upon acquisition, Metonic renovated over 30 apartment homes and common areas. Capital improvements included upgraded unit finishes, HVAC replacements, concrete repairs, and installation of security cameras. These renovations resulted in a return on investment of 28%.