3411-3418 E 26th St - Apartments FOR SALE


Des Moines, IA 50317- Fairmont Park
$1,850,000 USD
515-415-6111
3411-3418 E 26th St, Des Moines, IA for Sale
$1,850,000 USD
Apartments - FOR SALE
1/8
null | 7.74% Cap Rate

3411-3418 E 26th St
Des Moines, IA 50317
Fairmont Park


HIGHLIGHTS

  • Heating: Boiler (1 in each building, 4 total - 1 new in 2024)
  • Cooling: Window A/C units
  • Water Heater: 1 per building (4 total)
  • Roof: Asphalt shingled
  • Appliance Package: Refrigerator and stove
  • 75% of Water & Sewer invoices are billed back to occupied units

OVERVIEW

3411, 3412, 3417 & 3418 E 26th St, Des Moines, IA 50317 $1,850,000 ($57,813/unit) 7.74% Cap Rate 32 Units 24 Renovated Units All 2BR/1BA Built in 1961, 1963 Click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=C0Zw3bq93LYtKxrNxPs3aWNJabXkCWGIJLoqG6F_Yv1SWYpYrP9MD8OaHenTFMD8

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$50 USD /SF

# OF UNITS

32

PRICE/UNIT

$57,813

CAP RATE

7.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Embassy Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

C-2

APN/PARCEL ID

060-03405003000,060-03405004000,060-03405008000,060-03405009000

ASK ABOUT THIS PROPERTY

Ray HamiltonCBREMore Info
515-415-6111

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

Ray HamiltonCBREMore Info
515-415-6111

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