1419 E 40th St | Des Moines, IA 50317
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- LoopNet Team
1419 E 40th St
Des Moines, IA 50317
1419 E 40th St · Multifamily Property For Sale
·
2 Units
INVESTMENT HIGHLIGHTS
- Both 3-Bed, 1-Bath units
- Proforma CapRate: 8.5%
- Interest Rate Buydown available
- All Utilities Separated
- CoC Return: 12.3% - after updates
PROPERTY FACTS
| No. Units | 2 | Building Size | 1,990 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1983 |
| Lot Size | 0.20 AC | Parking Ratio | 2.01/1,000 SF |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.20 AC |
| Building Size | 1,990 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 2.01/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer Hookup
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 2 | $1,300 | 1,000 |
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