Available For Sale - Multifamily

2,428 SF | Show Pricing $

Multifamily Space in Des Moines for sale

LISTED BY

Chase Keller CCIM
Better Commercial - RE/MAX Precision, 319-231-1160

AVAILABILITY DETAILS

Size
2,428 SF
Price/SF
Show Pricing $
Listing ID
SA519050
Notes
This property had a complete overhaul in 2022, completely gutting all units and replacing everything inside and out. All new separated heat, electric and plumbing. All new Mechanicals, New siding, windows, roof, porch. Everything!

Property has security system in place. Coin-op laundry in basement common area.

Also a storage space that could be tapped for even more income.



All units currently occupied and cashflowing.

Building is 3 blocks from Drake University campus. Blocks from many restaurants and entertainment, making this site incredibly walkable. 5 blocks from Interstate 235 and about a mile from downtown.

Directly in the center of the metro, making commuting anywhere a breeze. Plenty of off-street parking for tenants.



Drake University area boasts a large Graduate Student population with obvious benefits, but the Drake neighborhood pulls tenants from much more than just the University. Location so close to downtown, close to Interstate and amazing walkability.



Value Add: Room to increase rents, add basement storage, allow pets for additional income.
Uses
Multifamily

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Chase Keller CCIM, Better Commercial - RE/MAX Precision
BRE# 344000905