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3120 East 24th Street
Des Moines, IA 50317
Asking Price
$850K
Asset Type
Religious/Church Special-purpose
Class
Class B
What's Special
Special Purpose | 5,898 SqFt <ul><li>Sale Price: $850,000</li><li>Sold-As-Is</li><li>5,898 square feet</li><li>Lot Size: 4.75 acres</li><li>Finished lower level</li><li>Built in 1969</li><li>Potential Redevelopment Site</li><li>3 Legal Parcels </li><li>Interstate 235 visibility</li><li>Zoning: P2 - Public, Civic, & Institutional District</li></ul>
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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.58%
Monthly Payment
$4,205.336
Annual Cash Flow
$29,535.965
