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SOHO LOFTS

DOWNTOWN DSM

INVESTMENT PORTFOLIO

Investment Highlights
Property Type: Residential Units/Investment Portfolio
Units: 101, 102, 201, 203, 214, 301, 305 and 317
Garage Spaces: , 3, 5, 12, 13, 16, 17, 20, 25 and 29
Sale Price: $1.3M (opportunity to split the portfolio)

Opportunity to increase occupancy and rental rates 

FOR SALE

Description

Nestled in historic East Village in Des Moines, Iowa, this investment portfolio includes 8 Unit Lofts and 10 Parking Spots. The area is surrounded by trendy shops, eateries, and live entertainment. Unique views, and fantastic walk-ability, stable long-term occupancy.

Property Highlights
  • 8 Units and 10 Parking Spaces

  • Secure gated entry leads to enclosed shared courtyard

  • Heated parking garage

  • In-unit laundry, generous size bedrooms and walk-in closets

  • 10'-0" high ceilings

  • One and two-bedroom units

Interior and Exterior Photos
Brokers/Agents
Jackie Johansen Profile Pic 2019.jpg
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Soho Lofts
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Location Overview
  • Centered in the best location in Downtown Des Moines - the East Village

  • Walkable and bikeable location

  • A truly urban lifestyle and neighborhood featuring a vibrant and constantly growing base of dining, entertainment, shopping and nightlife options

  • Healthy demand and favorable demographics in multifamily sector in Des Moines Metro (average rental rate $1.30 PSF)

  • Easy access to the greater Des Moines area via I-235, located less than two miles from the property

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