CBRE is pleased to offer for sale Southern Park Apartments, an 54-unit multifamily community strategically located in Des Moines’ Greater South Side. The property consists of 4 studio units, 26 one bedroom units, and 24 two bedroom units. Southern Park Apartments enjoys close proximity to the Des Moines International Airport and Southridge Mall, a shopping center anchored by Target with outlots including major retailers like Hy-Vee, Petco, and Hobby Lobby.
Address: 810 Payton Ave, Des Moines, IA 50315
Year Built: 1973
Number of Units: 54
Unit Mix: 4-Studio; 26-1BR/BA; 24-2BR/1BA
Number of Garages: 15
Parking: Surface
Net Rentable SF: 38,350
Avg. Unit Size: 710 SF
Number of Residential Buildings: 2
Parcel Size: 2.31 acres