2411 WELBECK RD Des Moines IA 50310-5654

The KataLYST Team, as part of KW Commercial Realty, is pleased to market for sale 2411 Wellbeck Road, Des Moines, Iowa.​ This 12-unit multifamily property consists of all 2Bd/1Ba units that are fully renovated and positioned to deliver stable income with upside potential.​ With Residential Utility Bill-Back (RUBS) in place, above-market rents, and professional management on site, the asset presents an attractive opportunity for both seasoned and first-time investors.​

Notably, the seller is open to creative financing options, including owner financing, making this an even more compelling acquisition in today’s high-rate environment.​

• ​Major Capital Improvements Completed – property fully renovated, minimizing near-term capital expense.
• ​Owner Financing Available – sellers willing to consider creative deal structures to lower barriers to entry.
• ​Market Barriers to Entry – limited supply of quality renovated product in Des Moines submarket.
• ​Professional Management in Place – stabilized operations with above-average market rents

The KataLYST Team, as part of KW Commercial Realty, is pleased to market for sale 2411 Welbeck Road, Des Moines, Iowa. This 12-unit multifamily property consists of all 2Bd/1Ba units that are fully renovated and positioned to deliver stable income with upside potential. With Residential Utility Bill-Back (RUBS) in place, above-market rents, and professional management on site, the asset presents an attractive opportunity for both seasoned and first-time investors.

Notably, the seller is open to creative financing options, including owner financing, making this an even more compelling acquisition in today’s high-rate environment.

• Major Capital Improvements Completed – property fully renovated, minimizing near-term capital expense.

• Owner Financing Available – sellers willing to consider creative deal structures to lower barriers to entry.

• Market Barriers to Entry – limited supply of quality renovated product in Des Moines submarket.

• Professional Management in Place – stabilized operations with above-average market rents

CBRE|Hubbell Commercial is the exclusive advisor for the sale of a 12-unit, 3-story apartment building located at 2411 Welbeck Rd, Des Moines. This property is situated just in a north central neighborhood of Des Moines with easy access to downtown. All units comprise of spacious two bedroom and one bath with one-site parking.

Welbeck Apartments are located just off Martin Luther King Parkway, a main north/south arterial, and Douglas Avenue, a main east/west arterial. Martin Luther King Parkway and Douglas Avenue are major bus routes on DART (Des Moines Area Regional Transit) providing multiple bus stops to the community. Amenities within walking distance include Dollar General, Hy-Vee, Iowa Driver License Station, personal storage units, and multiple food options.

• Located in quiet neighborhood
• Convenient location
• Two bedroom units
• Great tenant history
• Close proximity to employment opportunities