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27804618
27804617

4326 Hickman Rd, Des Moines, IA 50310 For Sale

CM
IA S72227000, SD 21369
CBRE - Des Moines
RH
IA S66838000
CBRE - Des Moines
BW
IA S33231000
CBRE - Des Moines
CF
IA S63632000
CBRE - Des Moines
Listed by CBRE - Des Moines
Unpriced
270 days on market
Updated 9 days ago

the 44 dsm

Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 87,716
Units 42
Tenancy Single
Lease Type NNN
Class A
Year Built 2018
Buildings 2
Stories 4
Acreage 2.580
Investment Type Value Add
Tenant Credit Credit Rated

New Listing | 36 Units | 6 Townhomes | 16,901 SF of Class A Medical Office Space | Des Moines, IA

Marketing description

MERCYONE LEASE EXTENDED THROUGH FEBRUARY 2032

CBRE is pleased to present the exclusive opportunity to acquire the 44 dsm, a premier 42-unit mixed-use community strategically located in Des Moines’ highly desirable Beaverdale neighborhood. Situated just 10 minutes from downtown Des Moines and 5 minutes from Drake University, Beaverdale is one of the city’s largest and most vibrant neighborhoods. Residents enjoy walkability to grocery, dining, shopping, and entertainment.

Developed in 2018, the 44 dsm is a luxury, mixed-use community consisting of 36 meticulously designed apartment units, 6 spacious townhomes, and 16,901 SF of Class A medical office space fully occupied by MercyOne Clinic. MercyOne is a part of CommonSpirit Health, one of the largest health systems in the United States. The clinic provides essential primary care services to Beaverdale and the surrounding area.

The apartment units feature an optimal mix of one- and two-bedroom layouts, each boasting a modern design, spacious interior, in-unit washer and dryer, and a private balcony. Residents benefit from underground heated parking, elevator access, well-appointed community rooms, and a convenient on-site leasing office. The expansive townhomes offer premium unit features, including an attached two-car garage, in-unit washer and dryer, private patio and balcony, dual full kitchens (one on each floor) and a private elevator/lift for ultimate convenience.

The property is being offered unpriced on a free and clear basis, presenting an attractive acquisition opportunity for a Class-A asset in a high barrier-to entry location.

Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=kM0ffoeGgIN4R5wWbEXpLeexYJyMQ1XUVpJ-tky0B0d1Q4wCEHJoHJ6iGotqD0Sw

Investment highlights

  • One-of-a-Kind Asset

  • Affluent Resident Profile

  • Exceptional Walkability

  • Modern Architecture

  • Healthcare Convenience

  • Address : 4326 Hickman Rd, Des Moines, IA 50310

  • Number of Units: 42 (36 apartments, 6 townhomes)

  • Year Built: 2018

  • Unit Mix: 12-1BR/1BA; 24-2BR/2BA (apartments) and 6-2BR/2BA (townhomes)

  • Average Unit Rent: $1,629

  • Average Unit SF: 939 (apartments) and 2,269 (townhomes)

  • Commercial SF: 16,901

  • Heated, underground parking (apartments)

  • 6 attached two-car garages (townhomes)

  • In-unit washer and dryer

  • Dual kitchens (townhomes)

  • On-site leasing office

  • Two community rooms

Listing Contacts

CM
IA S72227000, SD 21369
CBRE - Des Moines
RH
IA S66838000
CBRE - Des Moines
BW
IA S33231000
CBRE - Des Moines
CF
IA S63632000
CBRE - Des Moines
Listed by CBRE - Des Moines

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Additional Information

Name
Clark Matthews
License
S72227000
Brokerage
CBRE
Title
Senior Associate
Brokerage Address
595 South 60th Street
Name
Ray Hamilton
License
S66838000
Brokerage Phone
440-539-5496
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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