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3721 Indianola Ave
Des Moines, IA 50320
Shelly Rose Estates · Multifamily Property For Sale
·
27 Units
PROPERTY FACTS
| No. Units | 27 | Building Size | 41,379 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2005 |
| Building Class | B | Parking Ratio | 1.18/1,000 SF |
| Lot Size | 1.57 AC | ||
| Zoning | R-3 | ||
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.57 AC |
| Building Size | 41,379 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2005 |
| Parking Ratio | 1.18/1,000 SF |
| Zoning | R-3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Ceiling Fans
- Hardwood Floors
- Deck
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Controlled Access
- Fenced Lot
- Laundry Facilities
- Gated
- Gameroom
- Smoke Free
- PATH
- Elevator
ABOUT 3721 INDIANOLA AVE , DES MOINES, IA 50320
For sale, beautiful, well maintained 28 unit apartment complex for seniors 55 and older (independent living). Very little turnover, with reduced wear and tear creating a more steady income for the savvy investor/landlord. Excellent location on the south side of Des Moines. This unique property has few competing, independent living apartments in this area of the city. Apartments are well built with an abundance of oak trim, a gated entry, underground heated parking and laundry facilities. The apartment complex consists of 16 — one bedroom apartments, 8 — two bedroom apartments, and 4 — suite style two bedroom apartments.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 27 | - | - |
PROPERTY TAXES
| Parcel Number | 010-04368100001 | Improvements Assessment | $2,887,000 |
| Land Assessment | $203,000 | Total Assessment | $3,090,000 |
PROPERTY TAXES
