NO 1% ORIGINATION FEETami McGary Office: 319.341.2126
Strong cash flowing 4-plex located in Historic River Bend District. The City of DSM is currently putting a lot of resources into building up the 6th Ave corridor which makes this a great long-term investment property, with short term/immediate cash flow. Strong 8/9% Cap Rate, with further opportunity to increase via future rent increases & shared utility billing. 4 units featuring full kitchens, good living space and updated heating. Newer water heater & renovations/improvements in most of the units. Off street parking & solid location for renters w/easy access to almost everything.
Electricity Available, Natural Gas Available, Water Available
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