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: $2,500,000
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

2705 SW 9th St Des Moines, IA


 

The KataLYST Team as part of KW Commercial is pleased to market for sale this 3-tenant retail strip center located along the SW 9th St. corridor and within close proximity to the Central Business District (CBD).

With two long-term leases currently on MTM lease schedules, new ownership has the ability to renew or release the space while also increasing rental rates. With signage and average VPD of 16,500+ as well as strong access and ample parking this is a great investment for the owner looking to break into the commercial investment space.


 

Address: 2705 SW 9th St
City & State: Des Moines, IA
Current Price: $595,000
Lot Size: 0.34 Acres
Cap Rate: 8.10%
Year Built: 1993

Documents:

Offering Memorandum Rent Roll

1211 Langley Rd. Waterloo, IA


 

Built in 1976, our exceptional multifamily buildings in vibrant Waterloo, Iowa have 48 well-maintained units, 44 of which with 2 bedrooms and 1 bath, and 4 units with a single bedroom and 1 bath. With modern amenities and a desirable location, residents routinely enjoy a clean, secure and comfortable living experience for all 4 properties in Langley Road.


 

Address: 1211 Langley Rd.
City & State: Waterloo, IA
Current Price: $2,900,000
Lot Size: 2.38 Acres
Cap Rate: 8.10%
Year Built: 1976

Documents:

Offering Memorandum Rent Roll Unit Turn Costs (est.) T6

125 NW Aurora Ave – Des Moines, IA


 

 


 

The KataLYST Team is pleased to market exclusively for sale this value-add multifamily located on the NW side of Des Moines, IA. Consisting of 10-1Bd units, an additional home, and being offered at a true 7.95% Cap rate.

Address: 125 NW Aurora Ave
City & State: Des Moines, IA
Current Price: $475,000
Lot Size: 0.95 Acres
Cap Rate: 7.95%
Year Built: 1948

Documents:

Rent Roll 2021-22 Appraisal Report Polk Co. Assessor Pro Forma Offering Memorandum

1103 Broadway St – Webster City, IA


 

1103 Broadway St. in Webster City, IA is a value-add opportunity with deferred maintenance. This property offers 5 bedrooms and 2 bathrooms, ready for renovation. With potential for upgrades and improvements, it presents an ideal chance to increase its value. Conveniently located in a desirable neighborhood, seize this opportunity to transform 1103 Broadway St. into a profitable investment.

Address: 1103 Broadway St
City & State: Webster City, IA
Current Price: $140,000
Lot Size: 10,230 SF
Cap Rate: 13.77
Year Built: 1950

Documents:

Rent Roll 05-03-2023 Offering Memorandum

522 Division St – Webster City, IA


 

522 Division St., in Webster City offers a premier location on Highway 20, providing easy access to US20 and I-80. The city features affordable city-owned electric services and is home to ten leading employers, including Vantec, Seneca Foundry, Van Diest Medical Center, and Mertz Engineering. Don’t miss out on this prime investment opportunity in a thriving and well-connected community!

Address: 522 Division St
City & State: Webster City, IA
Current Price: $125,000
Lot Size: 8,580 SF
Cap Rate: 8.42
Year Built: 1887

Documents:

Rent Roll 05-03-2023 Offering Memorandum

620 Park Ave – Webster City, IA


 

620 Park Ave., Webster City is a highly desirable property boasting four 620 Park Ave., Webster City is a highly desirable property boasting four spacious apartments, each offering two bedrooms and one bathroom. This remarkable location provides five single-car garage spaces complete with convenient overhead storage.

Encompassing a blend of comfort and functionality, the property showcases two outdoor covered patios. Furthermore, this property has a history of attracting reliable long-term tenants, ensuring a stable and prosperous investment.

The utilities in this property are metered, allowing for an efficient and equitable distribution of costs among tenants. This feature adds to the hassle-free experience for both landlords and tenants alike.

Address: 620 Park Ave
City & State: Webster City, IA
Current Price: $225,000
Lot Size: 15,360 SF
Cap Rate: 10.2
Year Built: 1978

Documents:

Rent Roll 05-03-2023 Offering Memorandum