The KataLYST Team by KW Commercial is proud to
exclusively present 811 16th St. in Des Moines, IA;
a well-maintained, historic property in the highly
sought-after Sherman Hill neighborhood. Featuring
timeless charm with real hardwood floors, original
built-ins, and solid craftsmanship, this asset offers
both aesthetic appeal and strong fundamentals.
Currently operating at a true 5.01% cap rate, the
property presents a compelling value-add
opportunity with projected rental upside of 10.2% as
market rents continue to strengthen. Ideal for
investors looking for a stable return with long-term
growth potential.
Property Features
Utilities
Electricity Available
Natural Gas Available
Water Available
Heating Information
Natural Gas
Radiant
Cooling Information
Window Unit(s)
Water Features
Public
Basement
Partially Finished
Listing Courtesy: Keller Williams Realty GDM - 515-334-4900