Residences at University Heights
Market Rate Senior (55+) in a Low Competition Submarket with Significant Demand Recent Renovation Operational Upside Opportunity Robust Amenity Package and Unique Features Prime Location for Active Seniors Offered Free and Clear Market Rate Senior (55+) in a Low Competition Submarket with Significant Demand Residences at University Heights caters to the growing demand for affordable […]
Kings Grove Townhomes
Extraordinary Location High-Quality Asset Offers Luxury Living Rents Well Below Comps in the Market | Significant Upside Strong Surrounding Demographics Offered Free & Clear of Existing Debt Extraordinary Location Strategically located in the heart of West Des Moines’ thriving new development, Kings Grove offers tenants convenient access to a variety of options for work and […]
Weston Park Apartments
Strategic Location with Strong Demographics $146/Unit in Proven Value-Add Upside – $550,000 Annually Institutional Operator with Attractive Amenities Streamlined Operations/Expense Upside Strong Historical Operations Opportunity to Immediately Obtain Critical Mass with 316 Units Offered Both Free & Clear & With In-Place Financing Strategic Location with Strong Demographics Weston Park stands out for its advantageous location. […]
Hampton Meadows & The Ridges
Conveniently Located Near Retail & Major Employers with Highway Access $770-Million Expansion of Nearby Des Moines International Airport Over $4.6 Million Invested in 2022 Multiple Avenues to Proven Rent Upside Opportunity for Further Expansion Complete Turnaround by New Ownership and Management Offered at an Attractive Basis Offered Free and Clear of Existing Debt Conveniently Located […]
Broadway Apartments
Boost Net Rental Income by $354,000+ Offered with Attractive 3.69% In-Place Financing Strategic Location Near Demand Drivers with Highway Connectivity 2015 Construction | Premiere Product Strong Surrounding Demographics | High Growth and Stable Submarket Boost Net Rental Income by $354,000+ By stabilizing operations and loss-to-lease recapture, as recent average rents obtained since May through present […]
Village Manor
Pioneer Woods
Long-Standing Non-Profit Owner-Operator Extremely Clean, Well-Maintained Townhome Asset Great Mix Of Unit Types – Appealing To Various Renter Profiles Basis Significantly Below Replacement Cost Offered Free And Clear Of Existing Debt Current non-profit ownership has employed a long-term affordable housing strategy in lieu of maximizing Net Operating Income. As a result, the Property is ideally positioned […]
Cedar Rapids Portfolio
Two-property portfolio totaling 592 units located within a mile of each other in Cedar Rapids, Iowa Unique opportunity offering significant scale at an attractive basis Value-add upside at both assets Significant capital invested into both properties’ exteriors and interiors Blocks from Westdale Town Center and national restaurants and retailers (Target, Chick-fil-a, and Starbucks) Class A […]
Woodland Apartments
Offered With Attractive In-Place Financing (3.78% Fixed Rate) Convenient Location Proximate To Retail And Job Centers Attractive Basis And Strong Submarket Demonstrated Value-Add Upside With Strategic Interior Enhancements Strong Foundation For Continued Top End Revenue Growth Well-Maintained With Historically Strong Operations Offered with Attractive In-Place Financing (3.78% Fixed Rate) Woodland Apartments is being offered with […]
Maplewood IA
Well-Positioned Asset Ready For Further Value-Add Implementation Upgrade Premiums of $115+/Unit With Strategic Interior Enhancements Demonstrated Value-Add Upside In The Submarket Prominent Major Highway Visibility And Interstate Accessibility Convenient Location Proximate To Both Retail And Job Centers Strong Foundation For Continued Repositioning Attractive Basis Given Property Condition And Strong Submarket Offered Free And Clear Of […]
Parkside Apartments
Brand New 2021 Construction | Premier Class A Product Exceptional Lease-Up Speaks To The Asset’s Desirability And Quality Huge Opportunity With Market Rents Priced Below Competitive Subset Strong Surrounding Demographic Profile | Ultra High Growth Submarket Strategic Location Near Employment, Retail, And Hwy. Connectivity Offered Free And Clear Of Existing Debt Brand New 2021 Construction | […]
Allure at River’s Edge
Premium Asset W/ High-Quality 2020-2022 Construction Exceptional Lease-Up Velocity & Additional Upside Opportunity Additional 31 Garage Units Slated for Summer 2022 Delivery Strategic Location Proximate to Area Demand Drivers Proximate to Des Moines, IA | Less Than 1 Hour North of the Msa Offered Free and Clear of Existing Debt Premium New Construction with Great […]
Fleming Building
Landmark Property In Desirable Downtown Des Moines, Iowa Incredibly Well-Positioned For Value-Add Implementation Upside Opportunity Of $123+/Unit With Moderate Updates Exceptionally Strong Surrounding Demographic Profile 2013 Historic Tax Credit Renovation Prime Location Near Employment, Retail & Entertainment TIF Payments Transfer To New Ownership Offered Free And Clear Of Existing Debt Landmark Historical […]
Windsor Terrace
$300+/UNIT IN VALUE-ADD UPSIDE WITH INTERIOR MODERNIZATIONS DEMONSTRATED UPSIDE OF COMPS IN THE SUBMARKET A HIGHLY WALKABLE DES MOINES LOCATION THAT CHECKS ALL THE BOXES! LOCATED IN THE HIGHLY DESIRABLE INGERSOLL/GRAND CORRIDOR JUST WEST OF DOWNTOWN DES MOINES OFFERED FREE AND CLEAR OF ANY EXISTING DEBT $300+/UNIT IN VALUE-ADD UPSIDE WITH INTERIOR MODERNIZATIONS Windsor Terrace […]
Wellington Apartments
WELL-POSITIONED ASSET PRIMED FOR VALUE-ADD IMPLEMENTATION $330/UNIT IN VALUE-ADD UPSIDE – $1,675,000! – WITH INTERIOR MODERNIZATIONS OPEN FLOORPLANS WITH IN-UNIT WASHER/DRYER IDEALLY SITUATED IN THE HEART OF WEST DES MOINES SURROUNDED BY NEW CONSTRUCTION – OFFERED WELL BELOW REPLACEMENT COSTS SOLID SUBMARKET FUNDAMENTAL TRENDS STRONG SURROUNDING DEMOGRAPHIC PROFILE SURROUNDED BY PUBLIC COMPANIES, LARGE PRIVATE COMPANIES, […]
