Listing Agency: Cushman & Wakefield - West Des Moines, Iowa j***@iowaca.com

Listed By: Jordan Bouslog · License #IA S62986000

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:36PM

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Investment Insights

Based on property information with market context.

The multifamily offering at 500 & 530 Laurel Street includes unit-level laundry, with a washer and dryer provided in every unit. Interior improvements include new flooring, countertops, and backsplashes throughout the units.

Exterior and mechanical updates include roofs, windows, and doors installed in 2015, along with new boilers added in 2012.

Key Highlights

• New roofs, windows, and doors installed in 2015
• New boilers installed in 2012
• New flooring, countertops, and backsplashes in all units

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm HVAC Service Pharmacy Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

319

Businesses Nearby

Explore this area Business Placement

Demographics for 50263, IA

24,817

Population

11,323

Households

2.2

Avg Household Size

34

Median Age

57%

College-Educated

96%

High-School Grad

27.5 sq mi

ZIP Area

902

Density / Sq Mi

$107,864

Median Household Income

$62,430

Median Earnings

$1,296

Median Rent

$332,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - Every unit features a washer and dryer alongside refreshed interior finishes.

Where is this multifamily property located?

The property is located at 500 & 530 Laurel Street Waukee, IA.

What are key features of this property?

This property features: New roofs, windows, and doors installed in 2015; New boilers installed in 2012; New flooring, countertops, and backsplashes in all units