$136,000+ of Additional Annual Income Via Continued Unit Interior Modernizations 

The Ivy Portfolio provides investors with the opportunity to significantly enhance property value and drastically increase rental revenue through a proven value-add renovation program. With 52 units renovated, comprising ~48% of the total unit count, current ownership has provided a roadmap with top-of-the-line interior renovations. These updates include new appliance packages, LVP flooring, new countertops, cabinets, double bay sinks, tile backsplash, accent walls, and washer & dryers or hook-ups in select units.

$1M Invested in 2024 & 2025

Ownership has invested over $979,000+ in both properties in the last two years. Beyond the high-end interior renovations, significant capital has been deployed to upgrade all common area hallways, entrances, extensive exterior paint work, enhanced land scaping, roofing, and balcony repairs.

Major $770M Expansion Underway at Des Moines International Airport

The Des Moines International Airport—Iowa’s largest—is undergoing a $770 million, three-phase expansion to replace its aging 1948 terminal and accommodate future growth. The project will add gates and vital infrastructure, boosting the regional economy. Currently, the airport contributes $752 million in annual economic impact, supports nearly 8,500 jobs, and generates over $320 million in payroll each year—figures expected to rise with the expansion. This significant investment is poised to drive economic growth and increase the area’s attractiveness to potential residents.

MMG Real Estate Advisors
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