Twelve-unit apartment building offered for sale in the heart of one of Iowa's fastest-growing markets. Spacious 850+ SF two-bedroom apartments, each with private balcony or patio and separate utility meters. Building is in great condition with a long history of stable occupancy and professional management already in place. Each apartment offers generous interior storage, along with an additional, locking storage closet located in hallway - ideal for bikes and seasonal storage. Property is part of a coop assoc with neighboring apartment communities, pooling lawn care and snow removal services to achieve greater efficiency and cost savings. Located directly across from Greentree Park with tennis courts, ball diamond, and bike path access. One owner in the last 16 years. Great opportunity to own a proven investment property in one of Iowa's most in-demand markets.
Listing courtesy of RE/MAX Revolution.
Data courtesy of the Des Moines Area Association of REALTORS