1137 26th St - Apartments FOR SALE


Des Moines, IA 50311
$830,000 USD
515-415-6131
1137 26th St, Des Moines, IA for Sale
$830,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

1137 26th St
Des Moines, IA 50311


HIGHLIGHTS

  • Across the street from Drake University
  • Neighbors newly constructed mixed-use development and hotel
  • Partial tax abatement until 2025
  • Completely renovated in 2015
  • Walkable to several dining & entertainment options
  • Less than 5 minutes from Downtown Des Moines

OVERVIEW

$830,000 Built in 1895 / Renovated in 2015 12 Units 6-Studios & 6-1BR/1BA Average Rent is $710 Please click here for more information: https://f.tlcollect.com/fr2/224/53169/1137_26th_St.pdf

FOR SALE DETAILS

PRICE

$830,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

12

PRICE/UNIT

$69,167

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

26th Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1895

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

R-3

APN/PARCEL ID

030-01439000000

ASK ABOUT THIS PROPERTY

515-415-6131

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515-415-6131

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