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Kings Grove Townhomes 10049 Stark Dr 26 Unit Apartment Building $7,774,000 ($299,000/Unit) West Des Moines, IA 50266
Investment Highlights
- New Construction
- Spacious Units
- Close proximity to Jordan Creek
Executive Summary
Stanbrough Realty Company is pleasant to present the Kings Grove Townhomes, 26 unit townhome development. This new construction townhomes development is located in West Des Moines, just minutes from Jordan Creek – the premier retail corridor in Iowa. Several Large employers call West Des Moines home, including Wells Faro, Athene, IMT Insurance, and many others nearby.
Property Facts
| Price | $7,774,000 | Building Class | B |
| Price Per Unit | $299,000 | Lot Size | 15.00 AC |
| Sale Type | Investment | Building Size | 57,706 SF |
| No. Units | 26 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2020 |
| Apartment Style | Townhome |
| Price | $7,774,000 |
| Price Per Unit | $299,000 |
| Sale Type | Investment |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 15.00 AC |
| Building Size | 57,706 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2020 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 3 | - | 1,614 |
| 3+2.5 | 23 | - | 1,614 |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 16-22-157-011 | Improvements Assessment | $258,390 |
| Land Assessment | $50,000 | Total Assessment | $308,390 |
Property Taxes
Parcel Number
16-22-157-011
Land Assessment
$50,000
Improvements Assessment
$258,390
Total Assessment
$308,390
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Kings Grove Townhomes | 10049 Stark Dr
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