Bassman Portfolio Multi-Family FOR SALE


Des Moines, IA - Drake
$4,707,050 USD
515-639-0145
, Des Moines, IA for Sale
$4,707,050 USD
Multi-Family - FOR SALE
1/18
null | 7.11% Cap Rate

Bassman Portfolio
Des Moines, IA
Drake


HIGHLIGHTS

  • 21-Property / 42-Unit Portfolio – Diversified offering consisting of 16 single-family homes and five multifamily properties.
  • 7.11% In-Place Cap Rate – Attractive day-one cash flow supported by actual historical profit and loss statements.
  • Approximately 10% Below Retail Value – Bulk acquisition provides immediate embedded equity compared to estimated individual property values.
  • Multiple Exit Strategies – Hold the entire portfolio for long-term income and appreciation OR selectively sell individual properties to unlock embedde
  • Long-Term Equity Growth Potential – Positioned to benefit from continued loan amortization and the Des Moines metro's historically strong residential

OVERVIEW

The KataLYST Team by KW Commercial is pleased to exclusively offer this unique residential investment portfolio for sale. The offering consists of 21 properties totaling 42 residential units, including 16 single-family homes and five multifamily properties, providing investors with a rare opportunity to acquire a diversified portfolio through a single transaction. Offered at a 7.11% capitalization rate based on actual historical profit and loss statements, the portfolio delivers immediate in-place cash flow while also presenting multiple value-creation strategies. Acquiring the assets as a portfolio allows investors to purchase at an estimated 10% discount to individual retail value, creating immediate embedded equity at acquisition. Additionally, the Des Moines metropolitan housing market has historically appreciated faster than inflation over the long term, allowing owners to grow equity through ongoing loan amortization and long-term property appreciation. Whether pursuing a buy-and-hold strategy or a phased disposition of individual assets, this offering combines scale, diversification, durable cash flow, and multiple avenues for value creation that are seldom available in today's market.

ASK ABOUT THIS PROPERTY

Jared HusmannThe KataLYST TeamMore Info
515-639-0145

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Jared HusmannThe KataLYST TeamMore Info
515-639-0145

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.