Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2000
Building Area Net
Land Area Net ()
Number of units 127
Call for Offers 2022-03-04

Property description

Jones Lang LaSalle (“JLL”) is pleased to present The Lyon, a stellar 127-home mid-rise apartment complex located in booming Des Moines neighborhood, East Village. The complex offers a variety of amazing community amenities and quality apartment finishes. Located within minutes of I-235 and US-69, the property boasts direct access to Des Moines’ top employers, schools, shopping centers, and recreation destinations.


The Lyon’s unbeatable location features immediate access to downtown Des Moines, the Iowa State Capitol, and major hospitals. The property offers investors a rare opportunity to acquire a premier asset bordering the heart of the growing Des Moines MSA.

Investment highlights

Desirable Des Moines Market  

#13 Best Places to Live


High Growth Des Moines 

45% Population Growth Since 2000


Excellent Market Fundamentals

97% 3-Year Projected Avg Occupancy 


>1:1 Absorption 

118% 3-yr Projected Absorption


Access to Top Employer

Renowned DSM Insurance, Finance, & Healthcare Employers 


Limited Future Supply

1 Project Under Construction in 5-mile Radius  

Last Updated Date: 01 Feb 2022

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PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry, providing information such as our services and events.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 01 Feb 2022

Do you have any questions?  Visit our FAQ page

The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

Please go to the below link for our commitment to compliance (Japanese only).

https://www.joneslanglasalle.co.jp/ja/compliance-with-laws-and-regulations-and-its-representation

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