DES
MOINES, Iowa, May 2, 2024
/PRNewswire/ -- NAS Investment Solutions (NASIS), a national
sponsor of high-quality real estate investment properties, sold all
available investment equity in the company's latest multifamily
investment property in just sixty days from the date of the asset's
acquisition.
Twenty-two investors purchased fractional ownership interest in
Broadway Apartments, a three story, 120-unit multifamily property
complex in Des Moines, IA.
"The shortened time frame for selling all equity in the property
is indicative of investors' demand for high quality multifamily
real estate investments that have been solidly underwritten by
experienced commercial real estate professionals," commented
Karen E. Kennedy, President and
Founder of NAS Investment Solutions and National Asset Services.
"Quality real estate such as Broadway Apartments is a viable
investment alternative that performs independently of stock market
fluctuations. We are actively seeking multifamily properties for
investment sponsorship in economically diverse growth
markets."
Assuming responsibilities for asset management and property
management for the newly acquired property is National Asset
Services, (NAS) one of the Nation's leading commercial real estate
companies.
Built in 2015, the Broadway Apartments property features an
average home size of 875 square-feet and is located approximately
nine miles northeast from the heart of downtown Des Moines on a 7.83-acre site. Community
amenities include an updated clubhouse, fitness center, playground,
dog park, theater room and on-site management. There are additional
garage spaces available for rent.
Located near restaurant and shopping venues, Broadway Apartments
offers residents a variety of entertainment options right outside
their doorstep. Adventureland Amusement Park, Prairie Meadows
Racetrack & Casino, and Outlets of Des Moines are within two miles of the
property. With proximity to I-80 and Hwy 6, there is easy access to
major employers and downtown Des
Moines.
About NAS Investment Solutions (NASIS)
NAS Investment Solutions was established to leverage
National Asset Services' experience in investment property
management by identifying, acquiring, and enhancing commercial real
estate investments across all sectors of the real estate industry.
The company is known nationwide for its investing sponsorship
of high-quality passive DST investment properties with reliable
yield performance.
The company is different from other property investment sponsors by
offering multiple benefits that include:
- Investing in the property alongside investor clients.
- Managing the sponsored investment through National Asset
Services, making the company accountable throughout the entire hold
period.
- Maintaining high acquisition standards and executing an
exhaustive, transparent due diligence process
- Thoroughly vetting potential property investments, utilizing
professionals that have experience in acquiring and managing real
estate.
- Reliable cash flow from day one, paid monthly by direct
deposit.
- Properties are an excellent estate planning tool.
- The property loan is non-recourse to all investors.
- Management Free Ownership
- Ability to invest in larger assets on a fractional basis.
- All properties qualify for 1031 Exchange.
- Self-directed IRA suitable
The company's website, nasinvestmentsolutions.com offers
investment articles, comprehensive information, and a free guide on
the 1031 exchange process and for investors seeking passive DST
fractional interest ownership investments.
Since 2008, NAS has served 2,594 investment clients
and has established an impressive track record for investment
property management. The history includes generating
over $650 million in cash distributions to property
investors and managing a commercial real estate portfolio of 183
diverse commercial properties, comprised of 25 million square feet,
in thirty-one states. The overall value of NAS' managed portfolio
in the company's 13-year history, totals over $3.34 billion.
Visit nasassets.com for more information.
Contact
JW Robison
310-795-8985
377128@email4pr.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/nas-investment-solutions-completes-equity-raise-in-des-moines-multifamily-property-in-just-60-days-302134012.html
SOURCE NAS Investment Solutions