6501 Hickman Rd | Des Moines, IA 50322
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6501 Hickman Rd
Des Moines, IA 50322
Westover Townhomes · Multifamily Property For Sale
·
22 Units
INVESTMENT HIGHLIGHTS
- New Construction 22-Unit Townhome Development
- Close to Restaurants, Entertainment - Easy access to highways - 10 Minutes to Downtown
- High occupancy and low turnover and maintenance costs maximize income and value
- 9 Year Tax Abatement - Zero capital expenditures and minimal maintenance forfi rst few years
- Very low supply of single-family rental inventory on the market
- CapRate - 8.91%
PROPERTY FACTS
| No. Units | 22 | Lot Size | 2.13 AC |
| Property Type | Multifamily | Building Size | 50,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 2023 |
| Building Class | B | Parking Ratio | 1.29/1,000 SF |
| Zoning | N3B | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 2.13 AC |
| Building Size | 50,000 SF |
| No. Stories | 2 |
| Year Built | 2023 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | N3B |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Fireplace
- Ceiling Fans
- Granite Countertops
- Walk-In Closets
- Carpet
- Dining Room
- Island Kitchen
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+3 | 22 | $2,100 | 1,530 - 1,550 |
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