6657-6671 NW 6th Dr - Apartments FOR SALE


Des Moines, IA 50313
$1,400,000 USD
319-231-1160
6657-6671 NW 6th Dr, Des Moines, IA for Sale
$1,400,000 USD
Apartments - FOR SALE
1/4
null | 8.45% Cap Rate

6657-6671 NW 6th Dr
Des Moines, IA 50313


HIGHLIGHTS

  • Fully Occupied and Cash flowing.
  • Value-add opportunity.

OVERVIEW

Introducing an exceptional investment opportunity in Saylorville, this multifamily property comprises two 8-unit buildings, offering a total of 16 units. The property features ample parking and is situated in a desirable location, nestled between Ankeny and Des Moines. Close to amenities such as grocery stores, restaurants, and entertainment, it offers convenience and appeal to tenants. Just under 3 miles from the Prairie Trail District and 2.5 miles from Interstates 80 & 35, this property provides accessibility and connectivity.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

16

PRICE/UNIT

$87,500

CAP RATE

8.45%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,404 SF

ZONING

MDR

APN/PARCEL ID

270-01254007000,270-01254009000

ASK ABOUT THIS PROPERTY

Chase Keller, CCIMBetter CommercialMore Info
319-231-1160

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Chase Keller, CCIMBetter CommercialMore Info
319-231-1160

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