515-314-1715
, Des Moines, IA for Sale
Multi-Family - FOR SALE
1/8
null | Request Cap Rate

South Side 7
Des Moines, IA
Greater South Side


HIGHLIGHTS

  • The portfolio experiences minimal vacancies
  • Each property averages just under 1,100 square feet
  • Average unit mix of 3 bedroom/1 bath
  • Four (4) of the properties feature detached garages

OVERVIEW

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.

ASK ABOUT THIS PROPERTY

David EckleyCBREMore Info
515-314-1715

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David EckleyCBREMore Info
515-314-1715

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