The Ivy Portfolio Des Moines, IA

Investment Highlights

• $136,000+ of Additional Annual Income Via Continued Unit Interior Modernizations 
• $1M Invested in 2024 & 2025
• Major $770M Expansion Underway at Des Moines International Airport
• Conveniently Located Near Retail & Major Employers with Highway Access
• Offered Free and Clear of Existing Debt

$136,000+ of Additional Annual Income Via Continued Unit Interior Modernizations 

The Ivy Portfolio provides investors with the opportunity to significantly enhance property value and drastically increase rental revenue through a proven value-add renovation program. With 52 units renovated, comprising ~48% of the total unit count, current ownership has provided a roadmap with top-of-the-line interior renovations. These updates include new appliance packages, LVP flooring, new countertops, cabinets, double bay sinks, tile backsplash, accent walls, and washer & dryers or hook-ups in select units.

$1M Invested in 2024 & 2025

Ownership has invested over $979,000+ in both properties in the last two years. Beyond the high-end interior renovations, significant capital has been deployed to upgrade all common area hallways, entrances, extensive exterior paint work, enhanced land scaping, roofing, and balcony repairs.

Major $770M Expansion Underway at Des Moines International Airport

The Des Moines International Airport—Iowa’s largest—is undergoing a $770 million, three-phase expansion to replace its aging 1948 terminal and accommodate future growth. The project will add gates and vital infrastructure, boosting the regional economy. Currently, the airport contributes $752 million in annual economic impact, supports nearly 8,500 jobs, and generates over $320 million in payroll each year—figures expected to rise with the expansion. This significant investment is poised to drive economic growth and increase the area’s attractiveness to potential residents.

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