INVESTMENT HIGHLIGHTS

+ 49 single family homes & 1 duplex

+ $200,000 of capital improvements from 2019 to 2020 YTD

+ Exceptional rental history

+ 100% Occupancy

+ Below market rental rates

+ Portfolio gross monthly rent: $37,176

+ Sale price: $4,100,000

+ Cap rate: 7.6%

CBRE|HUBBELL COMMERCIAL6900 Westown Parkway West Des Moines, Iowa 50266www.cbre.com/desmoines

FOR SALE

51 UNIT SINGLE FAMILYINVESTMENT PORTFOLIODES MOINES, IOWA

CONTACT US

JEFF SPENCE, CCIMVice President+1 515 221 6635jeff.spence@cbre-hubbell.com

FOR SALE51 UNIT INVESTMENT PORTFOLIO

SINGLE-FAMILYDES MOINES, IOWA

ADDRESS Built Sq. Ft. Bed Bath GarageCentral

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1019 Scott Des Moines, IA 50309 1877 748 1 1 No No $650.00 $7,800.00 $1,365.00 $432.00 $624.00 $2,421.00 $5,379.00

1046 17th StDes Moines, IA 50314 1905 881 3 1 No No $850.00 $10,200.00 $991.00 $540.00 $816.00 $2,347.00 $7,853.00

1110 E Emma AveDes Moines, IA 50315 1956 768 3 1 No No $750.00 $9,000.00 $1,893.00 $468.00 $720.00 $3,081.00 $5,919.00

1243 E 36th CtDes Moines, IA 50317 1947 576 1 1 No No $618.00 $7,416.00 $1,330.00 $480.00 $593.28 $2,403.28 $5,012.72

1302 E 15th StDes Moines, IA 50316 1908 756 4 1.5 Yes Yes $1,200.00 $14,400.00 $2,229.00 $804.00 $1,152.00 $4,185.00 $10,215.00

1305 Clinton Des Moines, IA 50313 1918 10722 2 1 Yes No $700.00 $8,400.00 $1,950.00 $564.00 $672.00 $3,186.00 $5,214.00

1317 Euclid AveDes Moines, IA 50313 1916 984 3 1 Yes Yes $825.00 $9,900.00 $1,900.00 $564.00 $792.00 $3,256.00 $6,644.00

1325 E 14th StDes Moines, IA 50316 1918 864 3 1 No Yes $875.00 $10,500.00 $1,300.00 $576.00 $840.00 $2,716.00 $7,784.00

1360 IdahoDes Moines, IA 50316 1908 1228 4 1.5 Yes Yes $1,173.00 $14,076.00 $1,958.00 $588.00 $1,126.08 $3,672.08 $10,403.92

1362 Idaho Des Moines, IA 50316 1908 1064 3 1 No Yes $825.00 $9,900.00 $1,896.00 $612.00 $792.00 $3,300.00 $6,600.00

1411 E 36th St Des Moines, IA 50317 1939 528 2 1 No No $650.00 $7,800.00 $1,386.00 $432.00 $624.00 $2,442.00 $5,358.00

1413 E Ovid Ave Des Moines, IA 50316 1913 1037 3 1 Yes Yes $950.00 $11,400.00 $1,950.00 $492.00 $912.00 $3,354.00 $8,046.00

1438 E 18th St Des Moines, IA 50316 1906 520 2 1 Yes No $750.00 $9,000.00 $1,183.00 $432.00 $720.00 $2,335.00 $6,665.00

1544 27th St Des Moines, IA 50311 1920 790 2 1 No Yes $750.00 $9,000.00 $1,547.00 $540.00 $720.00 $2,807.00 $6,193.00

1723 Walnut #1Des Moines, IA 50316 1902 782 2 1 No No $725.00 $8,700.00 $2,694.00 $816.00 $696.00 $4,206.00 $4,494.00

1723 Walnut #2Des Moines, IA 50316 1923 792 2 1 No No $625.00 $7,500.00 $600.00 $612.00 $6,888.00

1723 Walnut #3Des Moines, IA 50316 728 2 1 No Yes $600.00 $7,200.00 $576.00 $588.00 $6,612.00

FOR SALE51 UNIT INVESTMENT PORTFOLIO

SINGLE-FAMILYDES MOINES, IOWA

ADDRESS Built Sq. Ft. Bed Bath GarageCentral

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1820 Jefferson Ave, DM 50314 1915 903 3 1 No Yes $675.00 $8,100.00 $1,077.00 $540.00 $648.00 $2,265.00 $5,835.00

1901 SE 4thDes Moines, IA 50316 1954 604 2 1 Yes No $750.00 $9,000.00 $1,862.00 $492.00 $720.00 $3,074.00 $5,926.00

1926 BursonDes Moines, IA 50316 1906 554 2 1 No Yes $700.00 $8,400.00 $1,212.00 $420.00 $672.00 $2,304.00 $6,096.00

511 OvidDes Moines, IA 50313 1921 736 2 1 No No $750.00 $9,000.00 $1,459.00 $504.00 $720.00 $2,683.00 $6,317.00

524 Indianola Rd Des Moines, IA 50315 1928 914 3 1 No Yes $850.00 $10,200.00 $3,113.00 $612.00 $816.00 $4,541.00 $5,659.00

526 Indianola RdDes Moines, IA 50315 1928 552 1 1 No No $650.00 $7,800.00 $0.00 $468.00 $624.00 $1,092.00 $6,708.00

600 HillsideDes Moines, IA 50315 1900 881 2 1 Yes Yes $825.00 $9,900.00 $2,065.00 $528.00 $792.00 $3,385.00 $6,515.00

605 SW 62nd StDes Moines, IA 50312 1955 768 3 1 Yes Yes $875.00 $10,500.00 $2,738.00 $492.00 $840.00 $4,070.00 $6,430.00

6101 SW 13th PlDes Moines, IA 50315 1940 498 1 1 Yes No $675.00 $8,100.00 $1,854.00 $480.00 $648.00 $2,982.00 $5,118.00

7 E DunhamDes Moines, IA 50315 1882 790 2 1 No Yes $750.00 $9,000.00 $536.00 $396.00 $720.00 $1,652.00 $7,348.00

810 Dunham, DM 50315 1954 616 2 1 Yes No $625.00 $7,500.00 $1,493.00 $432.00 $600.00 $2,525.00 $4,975.00

813 SE JacksonDes Moines, IA 50315 1895 806 2 1 No No $625.00 $7,500.00 $1,342.00 $432.00 $600.00 $2,374.00 $5,126.00

2001 MotleyDes Moines, IA 50315 1918 656 2 1 No Yes $750.00 $9,000.00 $1,560.00 $468.00 $720.00 $2,748.00 $6,252.00

2005 MotleyDes Moines, IA 50317 1918 576 1 1 No No $600.00 $7,200.00 $1,188.00 $468.00 $576.00 $2,232.00 $4,968.00

202 Philip St Des Moines, IA 50315 1956 480 2 1 No No $550.00 $6,600.00 $1,477.00 $372.00 $528.00 $2,377.00 $4,223.00

2031 E MapleDes Moines, IA 50317 1900 614 2 1 Yes No $725.00 $8,700.00 $1,347.00 $468.00 $696.00 $2,511.00 $6,189.00

2215 E 41st StDes Moines, IA 50317 1933 1110 3 1 No Yes $750.00 $9,000.00 $1,529.00 $564.00 $720.00 $2,813.00 $6,187.00

ADDRESS Built Sq. Ft. Bed Bath GarageCentral

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230 Lally StDes Moines, IA 50315 1920 660 1 1 Yes No $725.00 $8,700.00 $1,474.00 $528.00 $696.00 $2,698.00 $6,002.00

2400 E Des Moines StDes Moines, IA 50317 1907 748 2 1 No No $750.00 $9,000.00 $1,235.00 $432.00 $720.00 $2,387.00 $6,613.00

243 E. 16thDes Moines, IA 50316 1902 1096 3 1 No Yes $750.00 $9,000.00 $1,131.00 $504.00 $720.00 $2,355.00 $6,645.00

249 AstorDes Moines, IA 50316 1907 840 2 1 No No $725.00 $8,700.00 $1,344.00 $468.00 $696.00 $2,508.00 $6,192.00

2712 SE 8th CtDes Moines, IA 50315 1920 604 2 1 No Yes $700.00 $8,400.00 $1,599.00 $492.00 $672.00 $2,763.00 $5,637.00

2718 SE 8th CtDes Moines, IA 50315 1920 1008 3 1 No Yes $825.00 $9,900.00 $1,682.00 $576.00 $792.00 $3,050.00 $6,850.00

2725 Elm StDes Moines, IA 50317 1913 669 2 1 Yes Yes $750.00 $9,000.00 $931.00 $504.00 $720.00 $2,155.00 $6,845.00

2729 RacoonDes Moines, IA 50317 1925 1112 3 1 No Yes $750.00 $9,000.00 $1,503.00 $504.00 $720.00 $2,727.00 $6,273.00

3406 E. ArthurDes Moines, IA 50317 1915 516 1 1 No No $660.00 $7,920.00 $1,170.00 $456.00 $633.60 $2,259.60 $5,660.40

3817 13th StDes Moines, IA 50313 1917 636 1 1 Yes No $725.00 $8,700.00 $1,399.00 $588.00 $696.00 $2,683.00 $6,017.00

4410 NE 34th StDes Moines, IA 50317 1955 700 2 1 No No $725.00 $8,700.00 $1,405.00 $432.00 $696.00 $2,533.00 $6,167.00

4420 NE 34th StDes Moines, IA 50317 1930 558 2 1 No No $750.00 $9,000.00 $720.00 $732.00 $8,268.00

4450 SE 16th StDes Moines, IA 50320 1900 720 2 1 No No $650.00 $7,800.00 $1,659.00 $468.00 $624.00 $2,751.00 $5,049.00

4703 SW 2nd StDes Moines, IA 50315 1948 816 2 1 Yes Yes $750.00 $9,000.00 $1,573.00 $480.00 $720.00 $2,773.00 $6,227.00

4715 Hickman RdDes Moines, IA 50310 1922 809 2 1 No No $600.00 $7,200.00 $2,416.00 $480.00 $576.00 $3,472.00 $3,728.00

4840 NE 30th StDes Moines, IA 50317 1958 672 2 1 Yes No $700.00 $8,400.00 $1,450.00 $516.00 $672.00 $2,638.00 $5,762.00

Gross Monthly

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TOTAL/AVERAGE $37,176.00 $446,112.00 $73,395.00 $23,904.00 $35,688.96 $132,987.96 $313,124.04

FOR SALE51 UNIT INVESTMENT PORTFOLIO

SINGLE-FAMILYDES MOINES, IOWA

© 2020 Hubbell Commercial Brokers, L.C., d/b/a CBRE/Hubbell Commercial. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

FOR SALE51 UNIT INVESTMENT PORTFOLIO

SINGLE-FAMILYDES MOINES, IOWA

PROPERTY LOCATION

© 2020 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified byeither CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such stepsas the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.

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