915 Mulberry Street

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%!