4671 NW 50th St

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4671 NW 50th St

Des Moines, IA 50310
Asking Price
$775K
Cap Rate
8.29%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

New Multifamily Listing | 11 Units | 8.29% CAP | $170k in Recent CapEx <p><strong>Address: 4671 NW 50th St, Des Moines, IA 50310</strong></p><p><strong>List Price: $775,000</strong></p><p><strong>Cap Rate: 8.29%​</strong></p><p></p><ul><li>​Over $170,000 in recent capital improvements</li><li>​All units fully renovated</li><li>​Brand-new septic system</li><li>​Recently replaced three A/C units and one furnace</li><li>​Residents pay electric and gas. Owner pays water, trash, and vacant unit utilities.</li></ul><p></p><p><strong>Click here for more information: <u>ht

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NOI
$80,000
Cap Rate
10.32%
DSCR
1.74
Strong
Cash-on-Cash
14.62%
Monthly Payment
$3,834.277
Annual Cash Flow
$33,988.674

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