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32615510
32617301

325 Southwest 7th Street, Des Moines, IA 50309

RH
IA S66838000
CBRE - Des Moines
CM
IA S72227000, SD 21369
CBRE - Des Moines
CF
IA S63632000
CBRE - Des Moines
Listed by CBRE - Des Moines
Unpriced
24 days on market
Updated 19 days ago

Seventh Street Brownstones

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 45,211
Net Rentable (SqFt) 45,211
Units 29
Occupancy 100%
Class A
Year Built 2013
Buildings 8
Stories 2
Investment Type Stabilized
Ground Lease No

New Listing | 29 Townhomes | 2013 Built | 100% Occupied | Downtown Des Moines, Iowa

Marketing description

  • 325 SW 7th St, Des Moines, IA
  • 29 Townhomes
  • 2013 Built
  • 1,559 SF Avg. Unit Size
  • $2,053 Avg. Leased Rent
  • 100% Occupied
  • 29 Attached Two-Car Garages
  • Private rooftops with wet bars and skyline views
  • Owned by the original developer
  • Best-in-class rental alternative to downtown homeownership
  • Walkable, irreplaceable downtown location

Investment highlights

CBRE is pleased to offer for sale Seventh Street Brownstones, a 29-unit townhome community located at 325 SW 7th Street in Downtown Des Moines, Iowa. Completed in 2013, the property

represents a rare opportunity to acquire a boutique portfolio of modern townhomes intentionally

designed and finished to for sale standards, offering investors multiple exit strategies including

selling units individually or continued operation as a stabilized rental community.

Seventh Street Brownstones features 29 three bedroom / two-and-a-half-bathroom residences

averaging 1,559 square feet, each with two car attached garages and private rooftop patios, a highly

differentiated amenity set that closely aligns with urban homebuyer preferences. The property’s

uniform unit mix, efficient layouts, and premium finishes position it favorably for a streamlined

and repeatable individual sales execution. Importantly, recent individual unit sales ranging from

$300,000 to $365,900 demonstrates established buyer demand and validates the property’s

embedded individual value premium.

Located in the heart of Downtown Des Moines, the property is steps from the Historic Court District,

Downtown Farmer’s Market, and the metro’s primary employment and entertainment nodes, providing a true urban ownership lifestyle with limited competitive supply. With strong in place rental income, minimal near term capital requirements, and proven for sale liquidity, Seventh Street Brownstones offers investors downside protection through cash flow while preserving significant upside by selling units individually.

Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=DcZCGlC5aof1gtFvyyof-QsQzzl6jYqBD1gooVTiLeaE0NY6NWm4bH3DNYozYsYv

Listing Contacts

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

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Additional Information

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