Listed by KW Commercial Greater Des Moines
$1,750,000
2733-2897 Boston Ave. Des Moines, IA
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 16
Class B
Multifamily | 16 Units
Investment highlights
- Eight (8) standalone duplexes offered as a single portfolio by The KataLYST Team at KW Commercial Realty
- Located in Des Moines, one of the Midwest’s most stable workforce housing markets
- Immediate day-one cash flow with rents ~6.8% below market, providing clear upside
- Five (5) properties with walkout basements; three (3) with existing windows suitable for egress conversion
- Repeatable value-add opportunity to create true three-bedroom units without heavy renovations
- Light value-add execution drives higher rents and forced appreciation
- Eligible for residential financing with flexible debt options
- Durable workforce housing with consistent occupancy and long-term rent growth
Listing Contacts
Listed by KW Commercial Greater Des Moines
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