Commercial Real Estate /IA /Polk County /Des Moines /811 16th St
Commercial Real Estate /IA /Polk County /Des Moines /811 16th St
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811 16th St - Apartments FOR SALE


Des Moines, IA 50314 | 
Off Market
1/15

811 16th St
Des Moines, IA 50314

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HIGHLIGHTS

  • True 5.01% Cap Rate – with room for increased returns through rent growth
  • Historic Character in a prime location with hardwood floors and original built-ins
  • 10.2% Upside in Rents – offering a strategic value-add play in a desirable neighborhood

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

The Delester Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

7973

STORIES

3

YEAR BUILT

1915

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

030-01050001000
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