$4,100,000Size Upon Req.
New construction 36 unit condominium complex with construction-ready pad for 12 more. Gorgeous finish in these 2 and 3 bedroom condos. Maple trim with laminate hardwood and/or tile, carpet, fireplace, all appliances, ceiling fans, faux wood blinds, patio or deck, washer in dryer in each unit. Full tax abatement in Des Moines, nearly 100% leased. All have garages and off-street parking. Transferable plans and permits available. General contracting services available for the remaining 12 units for total of 48. Contact Listing Realtor for financial information.
Two-story conversion apartment property consisting of 4 studios, 4 one bedrooms & 2 two bedrooms.
Two story apartment property consisting of 6 one bedrooms and 2 two bedrooms.
Two story apartment property consisting of 8 one bedroom units.
2,240 SF Commercial/Retail Space with 9 units multi-family. Investment property
CBRE/Hubbell Commercial is exclusive advisor for the sale of 20 unit apartment complex located at 643 & 651 31st Street and 3015 & 3021 Woodland Avenue in Des Moines, Iowa. There are 4 buildings with 5 units per building. The occupancy has consistently been 100% for the rentable units.
Investment Property - Attractive ranch style duplex for sale.
Turnkey rental property that already has professional property management in place if desired and will rent for $1100 per month, which produces a cap rate of 7.17%. This home has already had many upgrades completed and can be bought individually or as part of a portfolio with up to 28 other properties. Multiple Members of Selling LLC are Licensed Real Estate Agents and Brokers In the State of Iowa. Listing Agent is related to One Member of Selling LLC.
This property/development has the potential for accelerated revenue opportunity do to specific aspects already in place. The location of this development, its existing structures, the environmental study that has already been completed, the increasing market, ownership of the HOA and profits, and the ownership of the well make this property perfect for any investor. Also of equal importance is the second revenue opportunity for the homeowners or investor to gain rental income during peak season. This 7+ acre property has the ability and infrastructure to house full time occupancy or to be used for investment purposes. Development features: -Built in Pool -Large -15 person jacuzzi -Sales Center -24/7 Security -Restaurant -Gated Community -Owned well -Water Rights -Two villas -Four condos -Basketball courts -Club House -Finance Facility -TV, phones, and Internet -HOA Ownership -150 units previously approved