Seventh Street Brownstones — Sale in Des Moines, IA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Des Moines, IA 50309

Description

CBRE is pleased to offer for sale Seventh Street Brownstones, a 29-unit townhome community located at 325 SW 7th Street in Downtown Des Moines, Iowa. CBRE is pleased to offer for sale Seventh Street Brownstones, a 29-unit townhome community located at 325 SW 7th Street in Downtown Des Moines, Iowa. Completed in 2013, the property represents a rare opportunity to acquire a boutique portfolio of modern townhomes intentionally designed and finished to for sale standards, offering investors multiple exit strategies including selling units individually or continued operation as a stabilized rental community. Seventh Street Brownstones features 29 three bedroom / two-and-a-half-bathroom residences averaging 1,559 square feet, each with two car attached garages and private rooftop patios, a highly differentiated amenity set that closely aligns with urban homebuyer preferences. The property’s uniform unit mix, efficient layouts, and premium finishes position it favorably for a streamlined and repeatable individual sales execution. Importantly, recent individual unit sales ranging from $300,000 to $365,900 demonstrates established buyer demand and validates the property’s embedded individual value premium. Located in the heart of Downtown Des Moines, the property is steps from the Historic Court District, Downtown Farmer’s Market, and the metro’s primary employment and entertainment nodes, providing a true urban ownership lifestyle with limited competitive supply. With strong in place rental income, minimal near term capital requirements, and proven for sale liquidity, Seventh Street Brownstones offers investors downside protection through cash flow while preserving significant upside by selling units individually. Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=DcZCGlC5aof1gtFvyyof-QsQzzl6jYqBD1gooVTiLeaE0NY6NWm4bH3DNYozYsYv - 325 SW 7th St, Des Moines, IA - 29 Townhomes - 2013 Built - 1,559 SF Avg. Unit Size - $2,053 Avg. Lease

Market Context

This commercial property in Des Moines, IA is listed for sale. It has been on the market for 13 days. Compare it against other commercial property listings for sale in Des Moines, IA — view the full market.

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