Des Moines SFR Portfolio - Northwest DSM 4106 40th Street
Des Moines, IA 50310
Sale Price
$1,025,000
Map
Multifamily For Sale - Available Immediately
Portfolio of 6 single family rental (SFR) homes all within a 1.25-mile radius on the Northwest Side of Des Moines
The portfolio experiences minimal vacancies
Each property averages nearly 1,100 SF
Unit mix includes (1) 2 bed/1 bath, (3) 3 bed/ 1 bath, (1) 4 bed/2 bath, and (1) 5 bed/2 bath
Majority of the properties feature detached garages
Residents are responsible for all utilities, lawn care, and snow removal
Several of the homes have below-market rents, allowing a new investor to increase rents organically in response to the rising demand for SFRs in the current interest rate environment
Get in touch
David Eckley
Clark Matthews
Ray Hamilton
Cy Fox
CBRE is pleased to offer an opportunity to acquire a portfolio of 6 single family rental (SFR) homes all within a 1.25-mile radius on the Northwest Side of Des Moines. The northwest side of downtown Des Moines, encompassing areas like Beaverdale and Windsor Heights, is characterized by a blend of suburban charm and urban convenience. This neighborhood features tree-lined streets, historic homes, and a vibrant community atmosphere. Residents enjoy easy access to local parks, boutique shops, and diverse dining options.
4106 40th St Des Moines, IA
1,340 sqft
Multifamily
Status
Available
2412 48th Pl Des Moines, IA
952 sqft
Multifamily
Status
Available
4001 55th St Des Moines, IA
1,222 sqft
Multifamily
Status
Available
2014 60th St Des Moines, IA
672 sqft
Multifamily
Status
Available
3323 Hickman Rd Des Moines, IA
1,269 sqft
Multifamily
Status
Available
1724 63rd St Windsor Heights, IA
1,061 sqft
Multifamily
Status
Available
Sale Price
$1,025,000
Get in touch
David Eckley
Clark Matthews
Ray Hamilton
Cy Fox