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3517 University Ave
Des Moines, IA 50311
Chetwynd Apartments · Multifamily Property For Sale · 23 Units

PROPERTY FACTS

No. Units 23
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.40 AC
Building Size 13,608 SF
No. Stories 3
Year Built 1964
Zoning R-3

AMENITIES

UNIT AMENITIES

  • Disposal
  • Storage Space
  • Heating

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Picnic Area
  • Grill
  • Laundry Service

ABOUT 3517 UNIVERSITY AVE , DES MOINES, IA 50311

CBRE|Hubbell Commercial is pleased to exclusively market for sale Chetwynd Place (23 units) located in Des Moines, Iowa. The property is located less than 3 blocks west of Drake University, total enrollment 3,097 (758 first-year students) and is less than 10 minutes from downtown Des Moines. The property caters to both student and non-student population. Professional property management is currently in place, and an investor may elect to retain the property management team, if desired. The property is also being offered as part of a portfolio with Drake Townhomes (8 Units & .621 acre land parcel). Portfolio price is $2,075,000. For more information, please contact Cy Fox at 515-221-6643 or visit the property website link below.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 23 $797.50 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
100-02349000000
Land Assessment
$219,000
Improvements Assessment
$1,621,000
Total Assessment
$1,840,000
  • Listing ID: 14499210

  • Date on Market: 11/28/2018

  • Last Updated:

  • Address: 3517 University Ave, Des Moines, IA 50311

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