CBRE is pleased to offer the opportunity to acquire Townhomes on 21st, a well-maintained asset featuring 9 two-story townhome-style units within a single building, constructed in 2009. The property is located in the heart of Des Moines, Iowa, the states capitol and largest city. Each unit boasts large 1,600+ square feet 3 bedroom, 2 bathroom units with additional 800+ square feet of unfinished basements. Each unit is equipped with a full-size washer and dryer. Address: 1353 21st St, Des Moines, IA 50311 List Price: $1,275,000 Cap Rate: 8.51% Year Built: 2009 Number of Units: 9 Unit Mix: All 3BR/2BA Total Building SF: 14,624 Avg. In Place Rent: $1,506 Number of Buildings: 1 Number of Stories: 2