2411 Welbeck Rd – Des Moines, IA
The KataLYST Team as part of KW Commercial is pleased to exclusively present 2411 Welbeck, a 12-unit apartment building located in the stable market of Des Moines, specifically in the submarket of Northwest Des Moines. The property was built in 1968 and has recently undergone improvements including, new HVAC systems, water heaters, and an updated security system. The property generates a strong net operating income of $47,721 and has a competitive cap rate of 7.9%. The property’s location in a stable market of Des Moines makes it an attractive investment opportunity.
Address: 2411 Welbeck Rd
City & State: Des Moines, IA
Lot Size: 11,833 SF
Cap Rate: 7.9%
Year Built: 1968
|Offering Memorandum||Financials Unaudited||Rent Roll|