26th Street Apartments
About This Property
Marketing description
The KataLYST Team by KW Commercial is pleased to market exclusively for sale 1137 26th Street, Des Moines, Iowa — a 12-unit multifamily asset positioned at the intersection of stable income, institutional demand, and compelling long-term upside in one of Des Moines' most actively reinvested urban neighborhoods. On an after-tax basis, the investment delivers an IRR of 12.42% and a modified IRR of 11.67% at a 5-year exit, with projected net resale proceeds of $332,783 on an initial equity investment of $232,500.
Investment highlights
-12-unit multifamily in Des Moines — located in a neighborhood seeing active reinvestment and strong demand
- 12.42% after-tax IRR (11.67% modified IRR) at a 5-year exit
- $332,783 projected net resale proceeds on a $232,500 equity investment
- Stable income + long-term upside — positioned where institutional buyers are already investing — positioned where institutional buyers are already investing
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