Verve Apartments

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Verve Apartments

225 East Center Street, Des Moines, IA

Verve is the first apartment community built in the brand new Bridge District neighborhood in the revitalized East Village. These industrial apartments on the banks of the Des Moines River offer residents commanding downtown views, bicycle storage and repair space, a 24-hour fitness center, and a walkable location in the heart of the East Village.

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

Bicycle Storage & Repair Room

Multiple Community Rooms

24-Hour Fitness Center

First-Floor Walkup Units

Our Gallery

Related Work

The following examples highlight Hubbell Realty’s development projects in the Greater Des Moines metro area.

Ankeny, IA 50023

Four Mile, Building I

Norwalk, IA 50211

Legacy Landing Apartments

Des Moines, IA 50309

Level at Bridge District