CBRE is pleased to present the opportunity to acquire The Reserve at Glenstone, a 52-unit apartment community located in Grimes, Iowa. Grimes is a rapidly growing northwest suburb of Des Moines that has more than doubled in population since 2010. Built in 2010-2011, The Reserve at Glenstone consists of 4 residential buildings featuring 4 studios, 24 two bedrooms, and 24 three bedroom floor plans. Each unit has a washer and dryer, and there are 36 detached garages available. • Less than 10 minutes to a plethora of retailers including Hy-Vee, Menards, Target, The Home Depot, Wal-Mart, Aldi, Life Time, and Homemaker’s • 1.5 miles south of Johnston High school • Located in Johnston School District, a top 5 school district in the Des Moines area per Niche.com • Close proximity to major employers including Corteva, John Deere Financial, Amazon, FedEx, and Camp Dodge • Quick and convenient access to HWY 141 and I-80/I-35 interchange • Average Household Income of $116,813 within a 1-mile radius