Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
Townsend Avenue
Urbandale, IA 50322
Asking Price
$1.50M
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
Multifamily | 9 Units | $167,000/unit <p>Urbandale, Iowa offers a 9 unit townhome property to add to your portfolio. Fully leased with current rental certificates on a quiet street in the Des Moines suburbs. Each unit has 2 BR, 2 Baths, in-unit laundry, 8 units have 2 car attached garages, and one unit has a one car garage. They all share a green space in the back yard. Don't miss this opportunity. </p>
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179