Category Lysted

Brickstone Apartments

 


 


 

The KataLYST Team as part of KW Commercial is pleased to market for sale the BrickStone Apartments. Consisting of two buildings of 18 and 12 units apiece as well as 16 garages with strong unit mixes, individual HVAC systems, ability to implement RUB’s, and located along the Eastern border of the Beaverdale neighborhood, this property is ready for new ownership!

Address: 2805 30th St
City & State: Des Moines, IA
Current Price: $2,200,000
Lot Size: 0.87 Acres
Cap Rate: 7.90%
Year Built: 1969

Documents:

Rent Roll P&L Offering Memorandum

Leavitt Apartments

 


 

The KataLYST Team as part of KW Commercial is pleased to market the Leavitt St Apartments located in Waterloo, IA. These 36 units have been completely remodeled and are being offered at 100% accuracy.

Additionally, these units boast assumable Freddie Mac debt with interest only payments until November 2023 and assumable at a rate of 3.76% on a 30-year mortgage!

Address: 1008 Leavitt Street
City & State: Waterloo, IA
Current Price: $2,700,000
Lot Size: 1.0 Acres
Cap Rate: 5.19%
Year Built: 1976

Documents:

Investment Pro-Forma September P&L Rent Roll 9/30/22 Assignment of Management Agreement Certificate of Borrower Compliance Agreement Asbestos Compliance Agreement Lead Based Paint
Compliance Agreement Mold Environmental Indemnity Agreement Form W-9 Guaranty Loan Agreement Note Security Instrument
UCC Offering Memorandum

Multifamily Complex

 


 


 

The KataLYST Team as part of KW Commercial brings to market this extremely value-add multifamily complex for the rehab investor who is looking for a project and future cash-flow! This property offers large 2Bd/1Ba units for the upper main four units and an additional basement unit.

This property is currently 100% vacant and in need of major renovations to the major components as well as the units but offers tremendous upside for the right investor.

Address: 1453 Capitol Ave
City & State: Des Moines, IA
Current Price: $240,000
Lot Size: .196 Acres
Cap Rate: 8.94%
Year Built:

Documents:

4 Pager

Fish Creek Apartments

 


 


 

The KataLYST Team as part of KW Commercial is pleased to market exclusively for sale Fish Creek apartments. These units are well located in the growing suburb of Norwalk with great access to the Des Moines and West Des Moines marketplaces as well as the Des Moines International Airport.

Address: 909 E 17th St
City & State: Norwalk, IA
Current Price: $5,400,000
Lot Size: 3.27 Acres
Cap Rate: 7.72%
Year Built: 1989

Documents:

OM Final DSM Permit PL 2021 Rent Roll SEPT 22 T-12 Month by Month Improvements

104 S Oak St

The KataLYST Team as part of KW Commercial is please to market exclusively for sale this converted 6-plex located in Donnellson, IA. Five of the units are in rent-ready condition with the sixth offering value-add opportunities!

Address: 104 S Oak St.
City & State: Donnelson, IA
Price: $100,000
Lot Size: 0.340 Acres
Cap Rate: 14.55%

Documents:

Rent Roll 2022 OM Final

Test

The KataLYST Team as part of KW Commercial is pleased to market exclusively for sale the Southview Apartments consisting of 24-1Bd/1Ba units with average….

Address: 4221 SE 13th S
City & State: Des Moines, IA
Price: 1,500,00
Lot Size: 14,256
Cap Rate: 6.61%

Documents:

Test

4221 SE 13th St

 

 

 

The KataLYST Team as part of KW Commercial is pleased to market exclusively for sale the Southview Apartments consisting of 24-1Bd/1Ba units with average rents 4% below the market-rate and a RUB’s system partially in-place.

Address: 4221 SE 13th St
City & State: Des Moines, IA
Current Price: $1,425,000
Lot Size: .65 Acres
Cap Rate: 6.58%
Year Built: 1971

Documents:

Rent Roll 2020 Rent Roll 2021 Rent Roll 2022 OM Final

24 Unit Historic Location

The KataLYST Team as a part of KW Commercial is pleased to market exclusively for sale these 24-1Bd units located in the capital city of Des Moines, IA and in the historical Riverbend neighborhood.

Address: 253 Franklin Ave
City & State: Des Moines, IA
Current Price: $1,500,00
Lot Size: 1.4 Acres
Cap Rate: 7.16%
Year Built: 1972

Documents:

Rent Roll P&L 2021