5209 SW 9th St | Des Moines, IA 50315
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- LoopNet Team
5209 SW 9th St
Des Moines, IA 50315
The Quarters on 9th · Multifamily Property For Sale
·
84 Units
INVESTMENT HIGHLIGHTS
- $1.2M in recent renovations
- Renovations include flooring, cabinets, countertops, appliances, vanities, tub surrounds, light fixtures, and plumbing fixtures
- Opportunity to implement RUBS
- Approximately 65 units have been renovated
- Other improvements include new entry doors for each unit, new parking lot overlay in 2021, new garage doors, new water heaters, new siding, new roofs
PROPERTY FACTS
| No. Units | 84 | Building Size | 124,264 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1972/2023 |
| Building Class | C | Parking Ratio | 0.25/1,000 SF |
| Lot Size | 3.03 AC |
| No. Units | 84 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.03 AC |
| Building Size | 124,264 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2023 |
| Parking Ratio | 0.25/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 22 | - | 355 |
| 1+1 | 38 | - | 625 |
| 2+1 | 24 | - | 840 |
PROPERTY TAXES
| Parcel Number | 120-01267004001 | Improvements Assessment | $4,579,000 |
| Land Assessment | $501,000 | Total Assessment | $5,080,000 |
PROPERTY TAXES
Parcel Number
120-01267004001
Land Assessment
$501,000
Improvements Assessment
$4,579,000
Total Assessment
$5,080,000
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