Active
915 Mulberry Street
Des Moines IA, 50309
$10,500,000
$133.67 per sqft
Active
54 Beds
3.75 Baths
78,554 sqft
Multi-family
Built in 2016
The Maxwell is a 62 unit luxury apartment complex located in the heart of downtown Des Moines, IA. The property was constructed in 2017 and is comprised of one, 5-story, elevator-served building that includes an indoor parking structure with 47 spaces. The Maxwell was finished with all modern high end finished and contemporary architecture. The apartments feature - studios, 1 bedroom, and 2 bedroom floor plans that are equipped with top-of-market finishes such as stainless steel appliances, quartz countertops, LVP flooring, 9+ foot ceilings, tile backsplash, Nest thermostats, and in-home washers & dryers. The property also offers an exclusive set of amenities including a world class roof top terrace offering resident seating areas, gas grills, a TV projector and a fire pit. There is also a luxury community lounge for residents to work from home, offering wi-fi and a kitchenette. The underground garage offers heated parking, a "LuxerOne" Package delivery System, additional storage closets for residents to enjoy and a free bicycle storage room. The entire property is safe and secure with modern security key fob locking system at every access point, and a fire suppression sprinkler system. The building has direct access to the 4-mile downtown Skywalk system open 24/7 that connects residents to the rest of downtown. The Maxwell also benefits from property tax abatement until 2028. There is an opportunity of assumable debt $7,500,000, with an interest rate of 4.9%!
688459
MLSⓇ ID
January 30, 2024
Listed
May 9, 2024
Updated
Map
915 Mulberry Street
Des Moines IA, 50309
Interior Features
Bedrooms
54
Total Bathrooms
3.75
Interior Features
Cable TV
Appliances
Cooktop, Microwave, Refrigerator, Stove
Laundry Description
Main Level
Floor Description
Carpet, Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric, Forced Air
Exterior/Building Features
Lot Size
0.42 Acres
Roof
Rolled/Hot Mop
Sewer
Public Sewer
School Information
School District
Des Moines Independent
Other Property Details
Area Name
Downtown
Taxes
$24,764
Tax Frequency
Annually
Days on Market
98
Garage
Yes
Garage Spaces
4
Parking
Attached, Garage
View
No
County
Polk
Water Source
Public
Pool
No
Zoning
C-3
Buyer Agency Compensation
1%
Listing History
Date | Event | Price |
---|---|---|
5/7/2024 | Price Change | $10,500,000 -9% |
Courtesy of EXIT Realty Capital City, Timothy Schutte,
Listing Contact: (515) 253-3948
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Daniel Wandling shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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