4530 Lower Beaver Rd - Apartments FOR SALE
Des Moines, IA 50310 |
4530 Lower Beaver Rd
Des Moines, IA 50310
HIGHLIGHTS
- Attractive Assumable Debt at 4.1% Fixed Rate
- 14%+ Annual Revenue Upside via Capturing Economic Vacancy
- Major Operational Expense Upside | 60% Expense Ratio
- Strong Historical Occupancy
- Well-Maintained Asset with Desirable Unit Mix (Studio to 3BR/2BA)
- Quiet Neighborhood Location | No Nearby Comparable Competition
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Legacy Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
138447
STORIES
3
YEAR BUILT
1973
PARKING SPACES
208
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
100-10007203001
