Velocity Apartments

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Velocity Apartments

200 Des Moines Street, Des Moines, IA

Velocity joins the Bridge District neighborhood with an edge, urban look and incredible amenities. The first floor has 78 indoor parking spaces, indoor bike storage and repair, and walk-up apartment units. There are community elements located on every floor and the highlights of the amenity package are the lounge pool with a cabana, two-story pool house, and a resort style fitness and yoga room.

Services Offered

Apartment Specs

Past Investments

Capital Stack

Historical Returns Summary

10-Year Sale Return Summary

19.82%

10-Year IRR

4.15x

Equity Multiple

10.10%

Cash-On-Cash
(7-Year Stabilized Avg.)

4-Year Sale Return Summary

35.97%

4-Year IRR

2.44x

Equity Multiple

Amenities

Outdoor Pool & Patio

Multiple Clubrooms

Largo Rooftop Patio

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Level at Bridge District