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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29540299

651 31st St, Des Moines, IA 50312

$1,575,000
120 days on market
Updated 120 days ago

Woodland heights

Details
Property Type Multifamily
Sub Type Apartment Building
Units 20
Cap Rate 8.00%
Occupancy 100%
Class B
Year Built 1908
Year Renovated 2024
Parking Spaces 20 per unit
Investment Type Value Add
Occupancy Date 02/03/2026
Ground Lease No
Sale Condition For sale by owner

Multifamily | 20 Units | $78,750/unit

Marketing description

Highly desirable Woodland Heights multi family property, 100% occupancy, new roofs, remodeled units, off street parking, additional land for fifth building. Being offered at 8% cap rate

Investment highlights

strong rental history and rents

Listing Contacts

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