Matthew Rosenthal & Eric Silverman Acquire Des Moines Multifamily Property For $26.9M

The multifamily property located at 1800 Watrous Avenue in Des Moines, IA, known as Wakonda Village, was sold for a price of $26.9 million. The property consists of 382 units with a price per unit of $70,419.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $26,900,000
• Units: 382
• Price Per Unit: $70,419
• Buyer: Matthew Rosenthal & Eric Silverman - Eastham Capital & Artisan Capital Group

Matthew Rosenthal and Eric Silverman, representing Eastham Capital and Artisan Capital Group respectively, have come together to acquire Des Moines' largest multifamily community, Wakonda Village. The collaboration between these two entities led to the successful purchase of the property.