This Multifamily Property is no longer advertised on LoopNet.com.

1419 E 40th St
Des Moines, IA 50317
 1419 E 40th St · Multifamily Property For Sale · 2 Units

Apartment Buildings Iowa Des Moines 1419 E 40th St, Des Moines, IA 50317

INVESTMENT HIGHLIGHTS

  • Both 3-Bed, 1-Bath units
  • Proforma CapRate: 8.5%
  • Interest Rate Buydown available
  • All Utilities Separated
  • CoC Return: 12.3% - after updates

PROPERTY FACTS

No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Lot Size 0.20 AC
Building Size 1,990 SF
Average Occupancy 50%
No. Stories 2
Year Built 1983
Parking Ratio 2.01/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer Hookup

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+1 2 $1,300 1,000
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  • Listing ID: 30638317

  • Date on Market: 1/11/2024

  • Last Updated:

  • Address: 1419 E 40th St, Des Moines, IA 50317

More public record information on 1419 E 40th St, Des Moines, IA 50317

The Gray's Woods Multifamily Property at 1419 E 40th St, Des Moines, IA 50317 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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