CBRE is pleased to offer an opportunity to acquire a portfolio of 7 single family rentals (SFR) all located within a 2-mile radius on the South Side of Des Moines.
- Each property averages nearly 1,100 SF
- Average unit mix of 3 bedroom/1 bath
- Four (4) 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 SFRs in the current interest rate environment.