Back

1 of 16

2 of 16

3 of 16

4 of 16

5 of 16

6 of 16

7 of 16

8 of 16

9 of 16

10 of 16

11 of 16

12 of 16

13 of 16

14 of 16

15 of 16

16 of 16

4001 E University Ave
Des Moines, IA 50317

$640,000 USD

Apartments For Sale • 5,686 SF

Property Details

Property Type Apartments
Total Building Size 5,686 SF
Lot Size 0.47 AC
Building Class C
Year Built 1971
Zoning NX1

24 Transit Score

26 Walk Score

                
                    Highlights
                
                                - Well-maintained and professionally managed.
                            
                                - Ample parking for tenant convenience.
                            
                                - Attractive potential for income generation
                            
                                - Diverse tenant base and strong rental demand
                            
                                - Prime location in the Des Moines area
                            
                                - 8 2/1 Units  -  Current Caprate: 7.56%  -  Potential Caprate: 9.02%

Amenities

24 Hour Access
Air Conditioning
Microwave
Heating
Refrigerator
Tub/Shower
Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Des Moines International	22 min	-	10.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Surface
Included in Rent:	Yes

Chase Keller, CCIM 319-231-1160 Better Commercial

4001 E University Ave Des Moines, IA 50317