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1453 Capitol Ave
Des Moines, IA 50316
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Ability to Place your Own Tenants
- Estimated 8.94% Cap Rate upon completion!
- Ability to Renovate All Units Immediately
Property Facts
| No. Units | 5 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 4,760 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1912 |
| Zoning | R-4 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,760 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1912 |
| Zoning | R-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 800 - 850 |
| 1+1 | 1 | - | 700 - 750 |
Property Taxes
| Parcel Number | 040-05070000000 | Improvements Assessment | $208,000 |
| Land Assessment | $33,000 | Total Assessment | $241,000 |
Property Taxes
Parcel Number
040-05070000000
Land Assessment
$33,000
Improvements Assessment
$208,000
Total Assessment
$241,000
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