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811 16th St
Des Moines, IA 50314 Sherman Hill

$850,000 USD

Apartments For Sale • 7,973 SF

Property Details

Property Type Apartments
Total Building Size 7,973 SF
Lot Size 0.14 AC
Building Class C
Year Built 1915
Zoning R-HD

51 Transit Score

66 Walk Score

                
                    Highlights
                
                                True 5.01% Cap Rate – with room for increased returns through rent growth
                            
                                Historic Character in a prime location with hardwood floors and original built-ins
                            
                                10.2% Upside in Rents – offering a strategic value-add play in a desirable neighborhood

Property Flyers

4-Page Flyer_811 16th St. Des Moines, IA

Amenities

24 Hour Access
Air Conditioning
Microwave
Tenant Controlled HVAC
Heating
Recycling
Trash Pickup - Curbside
Refrigerator
Tub/Shower
Walk-Up
Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Des Moines International	12 min	-	5.2 mi

Jared Husmann 515-334-4900 The KataLYST Team

811 16th St Des Moines, IA 50314 Sherman Hill