NAS Investment Solutions Sells Out Multifamily Investment Property in Des Moines, IA
Investors flock to Broadway Apartments in Des Moines as NAS Investment Solutions sells out equity in record time
DES MOINES, Iowa, May 2, 2024 /PRNewswire/ — NAS Investment Solutions (NASIS) has made headlines by selling out all available investment equity in their latest multifamily property, Broadway Apartments, in just sixty days. This impressive feat saw twenty-two investors purchasing fractional ownership interest in the 120-unit complex located in Des Moines, IA.
“The demand for high-quality multifamily real estate investments is evident in the rapid sale of equity in Broadway Apartments,” said Karen E. Kennedy, President and Founder of NAS Investment Solutions. “Investors are seeking stable alternatives to the stock market, and properties like Broadway Apartments offer just that.”
National Asset Services (NAS) will be taking over asset management and property management responsibilities for Broadway Apartments. The property, built in 2015, boasts an average home size of 875 square-feet and is situated on a 7.83-acre site just nine miles northeast of downtown Des Moines. Amenities include a clubhouse, fitness center, playground, dog park, theater room, and on-site management, with additional garage spaces available for rent.
Residents of Broadway Apartments will also enjoy easy access to nearby entertainment options such as Adventureland Amusement Park, Prairie Meadows Racetrack & Casino, and Outlets of Des Moines. With its proximity to major highways and employers, the property offers convenience and comfort to its residents.
NAS Investment Solutions is known for its expertise in identifying and enhancing commercial real estate investments, offering reliable yield performance to investors. The company’s website, nasinvestmentsolutions.com, provides comprehensive information and a free guide on the 1031 exchange process for those interested in passive DST fractional interest ownership investments.
With a track record of serving over 2,500 investment clients and managing a diverse commercial real estate portfolio valued at over $3.34 billion, NAS has established itself as a leader in the industry. For more information, visit nasassets.com.
Contact:
JW Robison
310-795-8985
[email protected]
SOURCE NAS Investment Solutions
