810 Payton Ave | Des Moines, IA 50315
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810 Payton Ave
Des Moines, IA 50315
Southern Park Apartments · Multifamily Property For Sale
·
54 Units
Investment Highlights
- Significant Upside Potential
- 54 Units
- Attractive Basis of $55K/Unit
- 4-Studio; 26-1BR/BA; 24-2BR/1BA
Property Facts
| No. Units | 54 | Lot Size | 2.31 AC |
| Property Type | Multifamily | Building Size | 42,570 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 0.94/1,000 SF |
| Zoning | R1-60 | ||
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.31 AC |
| Building Size | 42,570 SF |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 0.94/1,000 SF |
| Zoning | R1-60 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Smoke Free
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 324 |
| 1+1 | 26 | - | 576 |
| 2+1 | 24 | - | 804 |
Property Taxes
| Parcel Number | 120-05365003000 | Improvements Assessment | $2,836,000 |
| Land Assessment | $404,000 | Total Assessment | $3,240,000 |
Property Taxes
Parcel Number
120-05365003000
Land Assessment
$404,000
Improvements Assessment
$2,836,000
Total Assessment
$3,240,000
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