Ruby Rose Townhomes

JLL (“Jones Lang LaSalle”) is delighted to introduce Ruby Rose Townhomes, a 65-unit forward sale Build-to-Rent community located in Des Moines, IA. This opportunity presents a chance to acquire a full BTR community before construction, potentially capitalizing on the growing demand for single-family rentals in the outlying Des Moines suburban markets. Ruby Rose Townhomes resides in a fast-developing Northeast pocket of Des Moines within the larger Polk County.

Ruby Rose construction is set to begin in August of 2025. The Townhomes will offer 65 spacious 3 and 4 bedroom luxury homes, featuring attached 2-car garages, representing the latest in build-to-rent developments built by the nation’s largest homebuilder. With strong household income and elevated home values in the surrounding area, this flagship community offers and compelling discount to home ownership, while maintaining significant future rent growth potential.

Strategically nestled on NE 23rd Ave in outlying Des Moines, residents easy access to nearby interstates, providing excellent access to local amenities and the greater Des Moines area. Ruby Rose residents are part of the highly regarded Southeast Polk County School District, which includes the high-ranking Southeast Polk High School. Since 2010, Des Moines has experienced 18%+ population growth and is continuing to grow. An attractive blend of scenic beauty, convenient location near employment hubs, diverse amenities, and welcoming atmosphere positions Des Moines as a thriving and increasingly desirable community.

Ruby Rose offers investors an exceptional opportunity to acquire a Build-to- Rent asset pre-construction in the fast growing Des Moines. This unbeatable opportunity is available on a free and clear basis.

Iowa Licensee:

Michael Minard

Senior Vice President

563.508.4649

Michael.Minard@jll.com

IA License #: S42639000