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125 NW Aurora Ave
Des Moines, IA 50313
Multifamily Property For Sale
·
11 Units
Investment Highlights
- The property includes 11 fully remodeled units, each with in-unit washer and dryer, and zero-entry access.
- Strong investment potential with an 8.14% CAP Rate and a price per unit of $77,272.
- A major renovation was completed last year with over $250,000 in capital improvements.
Property Facts
| No. Units | 11 | Lot Size | 0.89 AC |
| Property Type | Multifamily | Building Size | 8,232 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1951/2024 |
| Building Class | C | ||
| Zoning | MDR | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.89 AC |
| Building Size | 8,232 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1951/2024 |
| Zoning | MDR |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Refrigerator
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $785.00 | 500 |
| 3+1 | 1 | $1,300 | 1,064 |
Property Taxes
| Parcel Number | 270-02060001000 | Improvements Assessment | $399,000 |
| Land Assessment | $131,000 | Total Assessment | $530,000 |
Property Taxes
Parcel Number
270-02060001000
Land Assessment
$131,000
Improvements Assessment
$399,000
Total Assessment
$530,000
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