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2701-2727 Hubbell Ave 9 Unit Apartment Building $750,000 ($83,333/Unit) Des Moines, IA 50317



INVESTMENT HIGHLIGHTS
- 9 apartments, 1 commercial suite rented out
- Large balcony's and patios
- Updated apartment finishes
- Less than 10 minute commute to Downtown Des Moines
EXECUTIVE SUMMARY
Two adjacent buildings on separate parcels
PROPERTY FACTS
| Price | $750,000 | Apartment Style | Low-Rise |
| Price Per Unit | $83,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.37 AC |
| No. Units | 9 | Building Size | 8,880 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1964/2018 |
| Zoning | C-1 | ||
| Price | $750,000 |
| Price Per Unit | $83,333 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 8,880 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2018 |
| Zoning | C-1 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 3 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 060-05139001000 | Improvements Assessment | $104,000 |
| Land Assessment | $111,000 | Total Assessment | $215,000 |
PROPERTY TAXES
Parcel Number
060-05139001000
Land Assessment
$111,000
Improvements Assessment
$104,000
Total Assessment
$215,000
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2701-2727 Hubbell Ave
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