List Search

Bassman Portfolio
Des Moines, IA Drake

$4,707,050 USD

Multifamily For Sale  •  18,638 SF

4 Properties View all

Property Details

  • Property Type Multifamily
30 Transit Score
60 Walk Score

Highlights

21-Property / 42-Unit Portfolio – Diversified offering consisting of 16 single-family homes and five multifamily properties.
7.11% In-Place Cap Rate – Attractive day-one cash flow supported by actual historical profit and loss statements.
Approximately 10% Below Retail Value – Bulk acquisition provides immediate embedded equity compared to estimated individual property values.
Multiple Exit Strategies – Hold the entire portfolio for long-term income and appreciation OR selectively sell individual properties to unlock embedde
Long-Term Equity Growth Potential – Positioned to benefit from continued loan amortization and the Des Moines metro's historically strong residential

Property Flyers

Public Transportation

AirportDriveWalkDistance
Des Moines International 14 min - 6.2 mi
Jared Husmann 515-639-0145 The KataLYST Team
Jared Husmann 515-639-0145 The KataLYST Team