Property History
Property Type
Property Type
Property Subtype
Asking Details
Asking Cap Rate
Marketing Description
CBRE|Hubbell Commercial is pleased to offer for sale, Drake Park Townhomes, a 16-unit, 2-story townhome community located near Drake University in Des Moines, IA.
Investment Highlights
- Offering Price: $1,950,000
- Cap Rate: 6.56%
- Year Built: 1973 & 2021
- Number of Units: 16
- Unit Mix: 8-2BR/1BA, 8-2BR/1.5BA(new construction)
- Average Unit Rent: $1,138
- In-Unit Washer & Dryer
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
Contacts
Sold: Multi APN Sale on
BY:
Ray Hamilton
•••.•••.6111
•••.••••lton@••••.com
Sold: Multi APN Sale on
BY:
Cy Fox
•••.•••.6109
••.fox@••••.com
Map
Comparable Properties
Rental Market Overview
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Des Moines, IA (this market)
Windsor Heights, IA
Urbandale, IA
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