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2221 Stanton Ave
Des Moines, IA 50321
Finn Apartments · Multifamily Property For Sale · 66 Units

PROPERTY FACTS

No. Units 66
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.99 AC
Building Size 73,150 SF
No. Stories 3
Year Built 1972
Parking Ratio 1.64/1,000 SF
Zoning R-3

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Fireplace
  • Heating
  • Kitchen
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Clubhouse
  • Courtyard
  • Laundry Facilities
  • Tenant Controlled HVAC

ABOUT 2221 STANTON AVE , DES MOINES, IA 50321

The subject property consists of 66 apartment units in five buildings. Each building consists of 12 units on three floors except building 3 which has 18 units. Stanton Estates has an average unit size of 965 SF. The property’s unit mix is comprised of 12-1 BR/1 BA and 54 - 2 BR/1¾ BA units. Parking congestion and shortages are eliminated, as there are a total of 13 garages, and ample surface parking available. CAPITAL IMPROVEMENTS Replaced exterior with steel siding (55 year warranty) 2013 All new rear decks installed 2013 New controlled access entry doors ordered 2019 All buildings have new roofs All remaining roofs including the clubhouse replaced in 2018 Swimming pool filled in and replaced with playground equipment and outdoor courtyard 23 of the units being rehabbed upgraded with new cabinets, countertops, fixtures, appliances and flooring

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
120-07058000000
Land Assessment
$493,000
Improvements Assessment
$4,157,000
Total Assessment
$4,650,000
  • Listing ID: 14254174

  • Date on Market: 11/1/2018

  • Last Updated:

  • Address: 2221 Stanton Ave, Des Moines, IA 50321

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