54 Units with Major Upgrades and in Close Proximity to Urban Core!

The KataLYST Team as part of KW Commercial is proud to offer exclusively for sale these units located on the major south corridor of the central business district in Des Moines, IA. With small improvements to income coupled with efficiencies in expense management, this property has the potential to perform at a 6.77% Cap rate or better within 12-18 months!

Address: 810 Payton Ave.
City & State: Des Moines, IA
Current Price: $3,780,000
Lot Size: 2.3 Acres
Cap Rate: 6.77%
Year Built: 1973


Offering Memorandum 2020 Financials 2019 Financials
T 12 Rent Roll 6-3-21 Rental Cert