Technical
Financial
Distress signals
Property profile

7201 5th St Des Moines, IA 50315

OFF-MARKET
Apartment buildings
Property ID
US25-0013550
24,492 SF 4.75 ac lot Built 1977
Entity Owned 2-yr Hold
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1977
Construction FRAME
Total area 24,492 SF
Lot 4.75 ac (206,910 SF)
Zoning code R-6
APN 120/07397-002-000
UPID US25-0013550

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex

Location

7201 5th St Des Moines, IA 50315-6400
Des Moines metro Census 4702 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$24.73M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$24.73M

Owner & transaction history

since 2024
Last sale
$24.7M
7 recorded transactions
2024
$24.7M
2021
$4.9M
2009
Price N/A
2009
Price N/A
2006
Price N/A
2006
$3.1M
1969
Price N/A

Zoning & alternative use

R-6 · Des Moines, IA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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