The Ivy Portfolio 2 biens | Immeuble residentiel | Des Moines, IA

The Ivy Portfolio presents a rare opportunity to acquire two fully renovated multifamily assets totaling 108 units in the thriving Des Moines metro. Built in 1990 and extensively upgraded in 2024, Ivy I and Ivy II offer immediate scale and a proven value-add roadmap with nearly half the units already modernized. Renovations include luxury vinyl flooring, black appliance packages, upgraded countertops and cabinetry, tile backsplashes, and washer/dryer installations in select units. Exterior enhancements span roofing, balcony repairs, landscaping, and common area upgrades.
Strategically located near Southridge Mall, Des Moines Area Community College, and the Des Moines International Airport, the properties benefit from direct highway access and proximity to major employers. The portfolio is offered free and clear of existing debt, allowing investors full flexibility in structuring their acquisition.
Des Moines continues to rank among the top U.S. metros for affordability, quality of life, and business growth. With over $8 billion in recent data center investments and a $770 million airport expansion underway, the region is poised for sustained economic momentum. The Ivy Portfolio stands to benefit from this growth, offering investors a compelling blend of stabilized income and upside potential through continued renovations and rent optimization.