List Price: $1,525,000 CBRE is pleased to offer an opportunity to acquire a portfolio of 9 single-family rental (SFR) homes and a duplex all within a 2-mile radius on the South Side of Des Moines. The South Side is a vibrant area with some of the city’s best parks, including both of Des Moines’ largest in-town lakes, Easter Lake Park and Gray’s Lake Area. The submarket also includes Blank Park Zoo, as well as some of the best restaurants and locally owned, one-of-a-kind establishments the city has to offer. • The portfolio experiences minimal vacancies • Each property averages just under 1,100 square feet • Average unit mix of 3 bedroom/1 bath (including two 5 bedrooms) • Half of the properties feature detached garages • Residents are responsible for all utilities, lawn care, and snow removal • Several of the homes have below-market rents, allowing a new investor to increase rents organically in response to the rising demand for Part of a larger portfolio – allowing investors to quickly scale in the fastest-growing Midwest metro by percentage of population growth. This portfolio is part of a larger 94 single-family rental (SFR) portfolio within Des Moines that can be acquired as a portfolio or in customized pools. Please contact the listing agents for details on other properties available in this portfolio. CLICK HERE TO VIEW A MAP OF THE LARGER PORTFOLIO: https://www.google.com/maps/d/edit?mid=1UfZy6rbJuFWMpw7UWRi11bD46ekicNk&ll=41.57793724500246%2C-93.60895624999999&z=13