The Argonne Des Moines, IA

Investment Highlights

• A Historic Landmark Reimagined for Modern Living
• Strategic Location Near Major Employers, Retailers, Entertainment, and Highway Connectivity 
• Offered Free and Clear of Existing Debt 
• Nearly $2.9M in Unique Pre-Set Tax Abatement and Tax Incremental Financing Benefits
• Fully Leased Retail with Recent Extension Executed

A Historic Landmark Reimagined for Modern Living

Originally constructed in 1919 to house workers of the nearby Ford Motor Company assembly plant, The Argonne had extensive renovations completed in 2020, which included: 

1. Stainless Steel Appliance Package 
2. Updated Kitchen Countertops 
3. New White Cabinet Package 
4. Modernized Lighting 
5. Updated Bathroom Vanities 
6. White and Black Tile Flooring and Walk-In Showers 
7. Centralized Heating and Air Conditioning 
8. Updated Electrical and Plumbing 

These comprehensive updates ensure a seamless living experience for modern tenants while preserving the authentic architectural character that defines this Des Moines landmark. 

Strategic Location Near Major Employers, Retailers, Entertainment, and Highway Connectivity 

The Argonne places residents at the pulse of Des Moines’ urban core. For professionals, the building offers an effortless commute to major downtown employers like Principal Financial Group and Wellmark Blue Cross Blue Shield, while immediate access to I-235 ensures seamless connectivity to the broader metro area. The “walk score” is a standout feature, as residents are just steps away from the vibrant Western Gateway Park, high-end dining options, and local favorites like the Des Moines Social Club. From daily essentials at nearby retailers to weekend entertainment at the Pappajohn Sculpture Park or Hoyt Sherman Place, the Argonne bridges the gap between historic charm and modern convenience.

Offered Free and Clear of Existing Debt 

The Argonne is offered free and clear of existing debt. This allows the new owner to have full control and flexibility in shaping the financial structure of the investment and pursuing various financing options, depending on their specific requirements and preferences.

Amenities