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2519 Clarkson Ave Des Moines, IA 50310

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45-unit apartment community with renovated units in Des Moines, Iowa.

Property size:
27,360 SF
Lot size:
1.41 Acres

Property Features for 2519 Clarkson Ave

General Information

Standard status
Active
Size
27,360 SF
Lot size
1.41 Acres

Building Details

Year built
1972

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Listing Contact
Ray Hamilton
Source: Crexi

Listing Agency: CBRE - Des Moines Listing Agent: Ray Hamilton

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Des Moines Apartment Community

Clarkson Apartments, a 45-unit apartment community, is available for acquisition in Des Moines, Iowa. The property is situated at the intersection of Douglas Avenue and MLK Jr Parkway, providing convenient access to retail, entertainment, and dining destinations, including downtown Des Moines, Ingersoll Avenue, Beaverdale, and Merle Hay Mall, all within a 10-minute radius. Local employment is supported by Bridgestone-Firestone, Drake University, Broadlawns Medical Center, and the VA Central Iowa Health Care System. The property at 2519 Clarkson Ave features a mix of one- and two-bedroom units, all of which have been renovated. Recent property enhancements include a new asphalt parking lot, newer boilers and hot water heaters, newer windows, and a new roof on Building C planned for 2026. The property offers an immediate cash flow opportunity and the ability to further enhance returns through strategic value-add initiatives, specifically the conversion of the former leasing office into a rentable unit and the implementation of a gas utility reimbursement program. The property size is 27360 square feet.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Des Moines
County
Polk
State
Iowa
Longitude
-93.6526286
Latitude
41.6299784

FAQs

What type of property is this?
Apartment building - 45-unit apartment community with renovated units in Des Moines, Iowa.
Where is this apartment building located?
The property is located at 2519 Clarkson Ave Des Moines, IA.
What are key features of this property?
This property features: - Renovated Units: All 45 units are already renovated.; - Prime Location: Highly accessible location at the intersection of Douglas Avenue and MLK Jr Parkway.; - Strong Employment Hub: Close proximity to major employers.
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