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800 13th St 12 Unit Apartment Building $1,395,000 ($116,250/Unit) West Des Moines, IA 50265
EXECUTIVE SUMMARY
West Des Moines investment opportunity! Three story, brick 12-plex apartment building. This property includes 12 -spacious 2 bedroom, one full bath units, each with a one car detached garage included. Newer roof. Newer electrical throughout building/ individual electric meters to each unit. Plenty of parking. Each unit has a stove, dishwasher, refrigerator, and microwave. Two coin operated laundry areas. Most units have been renovated. Storage shed, picnic area and close to bus line. Excellent opportunity for growth potential. Fully rented, no current vacancies. Total monthly income $12,370
PROPERTY FACTS
| Price | $1,395,000 | Building Class | B |
| Price Per Unit | $116,250 | Lot Size | 0.56 AC |
| Sale Type | Investment | Building Size | 10,143 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 2.36/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RH - Residential | ||
| Price | $1,395,000 |
| Price Per Unit | $116,250 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.56 AC |
| Building Size | 10,143 SF |
| No. Stories | 3 |
| Year Built | 1966 |
| Parking Ratio | 2.36/1,000 SF |
| Zoning | RH - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | - |
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PROPERTY TAXES
| Parcel Number | 320-00998000000 | Improvements Assessment | $1,120,600 |
| Land Assessment | $99,400 | Total Assessment | $1,220,000 |
PROPERTY TAXES
Parcel Number
320-00998000000
Land Assessment
$99,400
Improvements Assessment
$1,120,600
Total Assessment
$1,220,000
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800 13th St
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