515-415-6131
5209 SW 9th St, Des Moines, IA for Sale
Apartments - FOR SALE
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5209 SW 9th St
Des Moines, IA 50315
Fort Des Moines


HIGHLIGHTS

  • $1.2M in recent renovations
  • Approximately 65 units have been renovated
  • Renovations include flooring, cabinets, countertops, appliances, vanities, tub surrounds, light fixtures, and plumbing fixtures
  • Other improvements include new entry doors for each unit, new parking lot overlay in 2021, new garage doors, new water heaters, new siding, new roofs
  • Opportunity to implement RUBS

OVERVIEW

• Opportunity to implement RUBS • Convenient access to the Highway 5 bypass • Walking distance to Nahas Aquatic Center and Southside Library • Less than five minutes from the Blank Park Zoo and A.H. Blank Golf Course • Strong submarket fundamentals with persistent sub-5% vacancy • Des Moines-West Des Moines was recently ranked “#1 U.S. Metro for Young Professionals to Live” by Forbes • Greater Des Moines was the fastest-growing major west metro in percentage of population growth in both the 2021 and 2022 estimates released by the U.S. Census Bureau Click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=GrHUM9n8avqK657CuJ9hqN7cTmeEiwtsJczULmIsMdH0pRaFRrNfuyKpKyIGtpK-

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

84

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Quarters on 9th

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1972

PARKING SPACES

31

LAND DETAILS

LAND ACRES

3.03 AC

LAND SF

131,987 SF

ZONING

-

APN/PARCEL ID

120-01267004001

ASK ABOUT THIS PROPERTY

515-415-6131

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515-415-6131

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