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3720 57th St
Des Moines, IA 50310
Crossroad Apartments · Multifamily Property For Sale
·
48 Units
Investment Highlights
- Located near Merle Hay Mall
- Opportunity to implement RUBS
- Strong submarket fundamentals with persistent sub-5% vacancy
- Long term ownership of 15 years
- Convenient access to Interstate 80/35
- Des Moines-West Des Moines was recently ranked “#1 U.S. Metro for Young Professionals to Live” by Forbes
Property Facts
| No. Units | 48 | Lot Size | 1.51 AC |
| Property Type | Multifamily | Building Size | 35,760 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1975 |
| Building Class | C | ||
| Zoning | C-2 | ||
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.51 AC |
| Building Size | 35,760 SF |
| No. Stories | 3 |
| Year Built | 1975 |
| Zoning | C-2 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Vinyl Flooring
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Maintenance on site
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | - | 630 |
| 2+1 | 24 | - | 750 |
Property Taxes
| Parcel Number | 100/12390-000-000 | Improvements Assessment | $3,143,000 |
| Land Assessment | $397,000 | Total Assessment | $3,540,000 |
Property Taxes
Parcel Number
100/12390-000-000
Land Assessment
$397,000
Improvements Assessment
$3,143,000
Total Assessment
$3,540,000
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