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Our Adventure is About to Begin!

 

THE PAYTON BUILDING PROJECT

We’re LEGACY 515, a certified Real Estate Development company dedicated to helping clients develop their investments into tangible properties. Over the years, we’ve worked in dozens of projects, and we strive to learn from each experience in order to deliver high quality results to future clients. 
We are looking for investors interested in being a part of this outstanding project.

LOCATION OVERVIEW

Located at the corner of Payton Ave. and SW 9th. St, a major corridor connecting to the central business district and Hwy 5 to the South, this property is located in Des Moines, IA, the capital city and most populated city within Iowa.

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PROPERTY OVERVIEW

This property consists of 54 units between two buildings and 15 garages. With recent capital improvements of a new boiler system, a new water heater, new roofs, and 32 of the 54 units renovated with new LVP flooring, new countertops, new paint, new appliances, etc. This property offers a path to raised rents and consistent cashflow. With value-add potential by new ownership in continuing the updating of units and raising rents as well potential to implement a RUB's system and develop/build additional garage units.

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GET INSIDER'S INFO!

Our Adventure is About to Begin!