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TREF Riverwood Apartments, LLC

Pleasant Hill, IA – Acquisition

Located off East University Avenue and directly across the street from a Hy-Vee grocery store along with several other retail businesses, in Pleasant Hill, a rapidly growing eastern suburb of Des Moines, 10-15 minutes from downtown Des Moines. The city is located at the intersection of US Highway 65 bypass and Iowa Highway 163, and is in close proximity to Interstate 80 and Interstate 35 offering easy access to the rest of the metro. The property is just under 10 miles from the new Amazon Distribution Center in Bondurant that recently added more than 1,000 jobs. A mix of 1-, 2- and 3-bedroom units will offer residents flexibility to choose the right unit type, floor plan, and price point to fit their needs.

69 Units
Investment Year: 2023
Capital Investment: $3,200,000
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