1800 9th St - Apartments FOR SALE


Des Moines, IA 50314- River Bend
$400,000 USD
515-415-6131
1800 9th St, Des Moines, IA for Sale
$400,000 USD
Apartments - FOR SALE
1/11
null | 8.5% Cap Rate

1800 9th St
Des Moines, IA 50314
River Bend


OVERVIEW

1800 9th St, Des Moines, IA 50314 $400,000 8.50% Cap Rate 7 Units All 1BR/1BA Built in 1950 Boiler heat Sleeve A/C units Landlord pays gas (heat), water, sewer, trash and common area utilities. Tenant pays electricity within their unit. Common area laundry with one washer and one dryer

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$169 USD /SF

# OF UNITS

7

PRICE/UNIT

$57,143

CAP RATE

8.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9th Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

R-3

APN/PARCEL ID

080-05343000000

ASK ABOUT THIS PROPERTY

515-415-6131

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515-415-6131

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