3315 E 15th St | Des Moines, IA 50316
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- LoopNet Team
3315 E 15th St
Des Moines, IA 50316
Grand Heights Apartments · Multifamily Property For Sale · 49 Units
Investment Highlights
- Significant income growth through occupancy stabilization.
- Below market rents
- Located in a quiet neighborhood, 3 blocks from Grandview University
- Renovated Interiors
- R.U.B.S. (Residential Utility Billback System) Implemented
- Great unit mix
PROPERTY FACTS
| No. Units | 49 | Lot Size | 2.20 AC |
| Property Type | Multifamily | Building Size | 40,880 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1958/1997 |
| Building Class | C | Parking Ratio | 1.59/1,000 SF |
| No. Units | 49 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.20 AC |
| Building Size | 40,880 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1958/1997 |
| Parking Ratio | 1.59/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Storage Space
- Heating
- Kitchen
- High Speed Internet Access
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
| 2+1 | 36 | - | - |
| 3+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 110-00548001000 | Improvements Assessment | $1,708,000 |
| Land Assessment | $282,000 | Total Assessment | $1,990,000 |
PROPERTY TAXES
Parcel Number
110-00548001000
Land Assessment
$282,000
Improvements Assessment
$1,708,000
Total Assessment
$1,990,000
zoning
| Zoning Code | R-3 (NX2 Neighborhood Mix District) |
| R-3 (NX2 Neighborhood Mix District) |
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