6657-6671 NW 6th Dr
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6657-6671 NW 6th Dr
16 Unit Block of Flats £1,096,620 (£68,539/Unit) 8.45% Net Initial Yield Des Moines, IA 50313
Investment Highlights
- Fully Occupied and Cash flowing.
- Value-add opportunity.
Executive Summary
Introducing an exceptional investment opportunity in Saylorville, this multifamily property comprises two 8-unit buildings, offering a total of 16 units. The property features ample parking and is situated in a desirable location, nestled between Ankeny and Des Moines. Close to amenities such as grocery stores, restaurants, and entertainment, it offers convenience and appeal to tenants. Just under 3 miles from the Prairie Trail District and 2.5 miles from Interstates 80 & 35, this property provides accessibility and connectivity.
Property Facts
| Price | £1,096,620 | Apartment Style | Low Rise |
| Price Per Unit | £68,539 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.95 AC |
| Net Initial Yield | 8.45% | Building Size | 11,960 SF |
| No. Units | 16 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 1971 |
| Property Subtype | Apartment | Parking Ratio | 1.92/1,000 SF |
| Price | £1,096,620 |
| Price Per Unit | £68,539 |
| Sale Type | Investment |
| Net Initial Yield | 8.45% |
| No. Units | 16 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.95 AC |
| Building Size | 11,960 SF |
| Number of Floors | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.92/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Smoke Detector
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £748,130 | |
| Land Assessment | £113,500 | Total Assessment | £861,630 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£113,500
Improvements Assessment
£748,130
Total Assessment
£861,630
zoning
| Zoning Code | MDR |
| MDR |
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6657-6671 NW 6th Dr
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