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26th Street Apartments 1137 26th St

12 Unit Block of Flats £650,139 (£54,178/Unit) Des Moines, IA 50311

Investment Highlights

  • Across the street from Drake University
  • Partial tax abatement until 2025
  • Walkable to several dining & entertainment options
  • Neighbors newly constructed mixed-use development and hotel
  • Completely renovated in 2015
  • Less than 5 minutes from Downtown Des Moines

Executive Summary

$830,000
Built in 1895 / Renovated in 2015
12 Units
6-Studios & 6-1BR/1BA
Average Rent is $710
Please click here for more information: https://f.tlcollect.com/fr2/224/53169/1137_26th_St.pdf

Property Facts

Price £650,139 Building Class C
Price Per Unit £54,178 Lot Size 0.28 AC
Sale Type Investment Building Size 7,298 SF
No. Units 12 Average Occupancy 100%
Property Type Residential Number of Floors 2
Property Subtype Apartment Year Built/Renovated 1895/2015
Apartment Style Low Rise Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £650,139
Price Per Unit £54,178
Sale Type Investment
No. Units 12
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.28 AC
Building Size 7,298 SF
Average Occupancy 100%
Number of Floors 2
Year Built/Renovated 1895/2015
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 5 - 600
1+1 6 - 750
2+1 1 - 1,000

Links

1 of 1
Walk Score ®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 030-01439000000 Improvements Assessment £553,088
Land Assessment £23,421 Total Assessment £576,509

PROPERTY TAXES

Parcel Number
030-01439000000
Land Assessment
£23,421
Improvements Assessment
£553,088
Total Assessment
£576,509

zoning

Zoning Code R-3
R-3
(515) 415-6131

Contacts

  • Listing ID: 34174482

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: 1137 26th St, Des Moines, IA 50311

The Northwest Residential Property at 1137 26th St, Des Moines, IA 50311 is currently available. Contact CBRE for more information.

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© 2024 CoStar Group

26th Street Apartments | 1137 26th St
(515) 415-6131 x

26th Street Apartments | 1137 26th St

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Clark Matthews

(515) 415-6131

(515) 415-6131

Ray Hamilton

(515) 415-6111

(515) 415-6111

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