1333 22nd St - Apartments FOR SALE


Des Moines, IA 50311- Carpenter
$330,000 USD
515-314-1715
1333 22nd St, Des Moines, IA for Sale
$330,000 USD
Apartments - FOR SALE
1/9
null | 7.76% Cap Rate

1333 22nd St
Des Moines, IA 50311
Carpenter


HIGHLIGHTS

  • Completely remodeled in 2022 - new kitchens, bathrooms, flooring, appliances, and roof
  • Blocks from Drake University
  • Walkable to several dining & entertainment options
  • Approximately 5 minutes from Downtown Des Moines

OVERVIEW

CBRE is pleased to offer an opportunity to acquire 22nd Street Apartments in Des Moines. The property offers (4) 1BR/1BA units and (1) studio unit. The asset was completely renovated in 2022 with new kitchens, bathrooms, flooring, appliances, and roof. Please contact us for more information.

FOR SALE DETAILS

PRICE

$330,000 USD

PRICE/SF

$128 USD /SF

# OF UNITS

5

PRICE/UNIT

$66,000

CAP RATE

7.76%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

22nd Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1902

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,422 SF

ZONING

R-3

APN/PARCEL ID

080-06764000000

ASK ABOUT THIS PROPERTY

David EckleyCBREMore Info
515-314-1715

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David EckleyCBREMore Info
515-314-1715

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.