KC Portfolio
$887,000
1203 Arthur Avenue, Des Moines, IA 50316
For Sale
Unknown Listing Type
Active
Last Updated: 10/05/2022
7.77
Cap Rate
68,922
NOI
Details:
Cap Rate: 7.77%
NOI: $68,922
Units: 10
Occupancy: 88%
Description:
Great Portfolio of 7 Single Family Rentals and a 3-plex in Des Moines, Iowa! With only 1 vacant unit, this portfolio is turnkey and cashflowing Day-1. Properties are in good condition with full rental certificates. Many upgrades and CapEx items done recently.
Located in a few good areas of Des Moines, diversified across the metro area.
Caprate - 7.7%
ROI: 12.19%
Location
Gallery
