Listed by MMGREAIA LLC, MMG
Unpriced
Des Moines SFR + Duplex Portfolio
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 56
Buildings 46
Investment Type Stabilized
Multifamily | 56 Units
Marketing description
MMG Real Estate Advisors is pleased to present a rare opportunity to acquire a 56-unit single-family and duplex portfolio spanning 46 properties throughout Des Moines, Iowa. The portfolio has benefited from substantial recent capital improvements, resulting in stabilized operations and limited near-term deferred maintenance. This offering delivers immediate scale in one of the Midwest's most stable and affordable housing markets. Investors may operate the portfolio as a cash-flowing rental platform or pursue a strategic asset-by-asset disposition to capture retail pricing. The combination of scale, recent CAPEX, neighborhood diversification, and multiple exit pathways creates a compelling opportunity for both private and institutional buyers. Replicating 46 stabilized acquisitions individually would require significant time, transaction costs, and coordination—this portfolio instead provides immediate critical mass with operational flexibility and durable cash flow potential.
Investment highlights
- Immediate Scale in a Durable Midwest Market This portfolio delivers immediate scale with 56 units across 46 properties located throughout Des Moines proper. The assets are dispersed across multiple neighborhoods, providing diversified exposure that reduces concentration risk. Demand for workforce and attainable housing remains strong and consistent, supported by affordable home values relative to national averages that reinforce long-term renter demand.
- Significant Recent Capital Improvements The portfolio has benefited from extensive recent CAPEX completed across the assets, including roofs, HVAC, plumbing, electrical, interior renovations, and exterior upgrades as applicable. These improvements reduce deferred maintenance risk at acquisition, strengthen asset longevity, and support tenant retention. As a result, the portfolio is positioned with stabilized operations, lower near-term capital expenditure requirements, and enhanced curb appeal and competitive standing within its submarkets.
- Flexible Exit Strategy with Retail Arbitrage Potential The offering provides multiple execution paths depending on investor objectives. A new owner may operate the portfolio as a stabilized, income-producing SFR platform or pursue a strategic, asset-by-asset disposition strategy to capture retail pricing. Optionality includes selling individual homes to owner-occupants at retail pricing, selectively disposing of duplexes or higher-value assets to investors, and accessing multiple buyer pools on exit—including retail buyers, 1031 exchange investors, regional operators, or institutional SFR groups— while potentially capturing premium pricing versus traditional portfolio valuation
- Resilient Single-Family Rental Asset Class Single-family rentals continue to benefit from renter preference for privacy, yard space, and neighborhood living. The asset class has historically demonstrated lower turnover relative to traditional multifamily, and annual lease structures allow for consistent rent adjustments. SFR performance also maintains a strong correlation with long-term residential home appreciation, and the sector has demonstrated durability through multiple economic cycles.
- Scale Efficiencies for Existing Operators For buyers with an existing Des Moines footprint or broader Midwest SFR presence, the portfolio offers meaningful scale advantages. Integration can support increased purchasing power for maintenance, materials, and vendor contracts; portfolio-wide insurance efficiencies; centralized leasing and maintenance routing; economies of scale in property management software and staffing; and reduced per-unit operating costs—strengthening market presence and competitive positioning within Des Moines.
- Immediate scale In a durable Midwest market
- Significant Recent capital Improvements
- Flexible exit Strategy with retail Arbitrage potential
- Resilient single family rental Asset class
- Scale efficiencies For existing Operators
Listing Contacts
Listed by MMGREAIA LLC, MMG
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