CBRE is pleased to offer for sale Rocket Transfer Lofts, a 58-unit apartment community in downtown Des Moines. Rocket Transfer Lofts is the former Hawkeye Transfer Company warehouse that was constructed in 1902 and transformed into 58 trendy loft-style units in 2013. The property features a mix of 1 and 2 bedroom units that blend the original architectural elements with contemporary finishes. Rocket Transfer offers excellent walkability to downtown Des Moines’ largest employment concentration as well as entertainment, restaurants, and nightlife. Unique to other downtown communities, residents of Rocket Transfer enjoy the convenience of on-site surface parking. The property also offers a fitness center, dog park, business center, community room, game room and a rooftop terrace with incredible skyline views.
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Former Hawkeye Transfer Company warehouse that was transformed into 58 trendy loft-style units in 2013
96.5% occupancy
Attractive assumable debt at a 2.93% interest rate, maturing January 2031
Excellent walkability to downtown Des Moines’ major employers, restaurants, dining, and entertainment
Unit features include in-unit washer and dryer, 16-20’ ceilings, and original architectural elements like exposed brick, beams, and wood
Unique to other downtown apartment communities, residents of Rocket Transfer enjoy the convenience of on-site surface parking
Amenities include a fitness center, dog park, business center, community room, game room, and a rooftop terrace with incredible skyline views