Higher Ground Investment Group Facilitates Sale Of Multifamily Property In Des Moines, IA For $24.72M

The multifamily property located at 6514 Chaffee Road in Des Moines, IA, was sold for $24,725,000. This property comprises 360 units with a price per unit of $68,681. The total square footage of the property is 288,000, resulting in a price per square foot of $86.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $24,725,000
• Units: 360
• Price per Unit: $68,681
• Square Footage: 288,000
• Price per Square Foot: $86
• Address: 6514 Chaffee Road
• Market: Des Moines, IA

Javi Baeza, Dan Brener, and Teddy Mohlman of Higher Ground Investment Group, along with BJ Connolly of DSM Portfolio 1 Holdings, were the key individuals and companies involved in this transaction.