property record · Lodging
401 Locust Street
Commercial property in Des Moines, Polk County, Iowa. Income, occupancy and loan, each figure linked to the filing it comes from.
Operating income
As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.
| As of | NOI | Revenue | Expenses | DSCR | Source |
|---|---|---|---|---|---|
| 2025-06-30 | 163,109 | 7,916,124 | 7,753,015 | 0.13 | evidence → |
| 2024-12-31 | 763,978 | 8,557,914 | 7,793,936 | 0.62 | evidence → |
| 2024-09-30 | 1,091,555 | 8,921,797 | 7,830,242 | 0.88 | evidence → |
| 2024-03-31 | 1,187,228 | 8,646,791 | 7,459,563 | 0.96 | evidence → |
| 2023-12-31 | 1,058,148 | 8,467,336 | 7,409,188 | 0.86 | evidence → |
| 2023-09-30 | 929,881 | 8,131,123 | 7,201,242 | 0.75 | evidence → |
| 2023-06-30 | 1,166,555 | 7,816,861 | 6,650,306 | 0.94 | evidence → |
| 2023-03-31 | 990,367 | 7,562,483 | 6,572,116 | 0.80 | evidence → |
| 2022-12-31 | 694,235 | 6,839,829 | 6,145,594 | 0.56 | evidence → |
| 2022-09-30 | 526,733 | 6,191,543 | 5,664,810 | 0.43 | evidence → |
| 2022-06-30 | 577,750 | 5,909,224 | 5,331,474 | 0.47 | evidence → |
| 2021-09-30 | -44,442 | 3,824,115 | 3,868,557 | -0.04 | evidence → |
| 2021-03-31 | -1,011,914 | 1,635,839 | 2,647,753 | -0.82 | evidence → |
| 2020-12-31 | -340,177 | 3,414,556 | 3,754,733 | -0.27 | evidence → |
| 2020-09-30 | 366,778 | 5,282,028 | 4,915,250 | 0.30 | evidence → |
| 2020-06-30 | 1,308,514 | 7,454,698 | 6,146,184 | 1.06 | evidence → |
| 2020-03-31 | 2,256,519 | 9,668,238 | 7,411,719 | 1.82 | evidence → |
| 2019-12-31 | 1,987,325 | 9,064,900 | 7,077,575 | 1.61 | evidence → |
| 2019-09-30 | 2,736,073 | 9,119,244 | 6,383,171 | 2.21 | evidence → |
| 2019-06-30 | 1,776,155 | 6,398,908 | 4,622,753 | 1.44 | evidence → |
| 2018-12-31 | 715,813 | 2,291,071 | 1,575,258 | 0.58 | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0001757928", "entity_ref": "a5385b37-d54a-4252-ad88-1558afdc1c29", "trust_name": "Wells Fargo C | evidence → |
| address | {"zip": "50309", "city": "Des Moines", "state": "IA", "county": "Polk", "address": "401 Locust Street"} | evidence → |
| occupancy | {"basis": "most_recent", "value": 0.57} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6"} | evidence → |
| type | {"label": "Lodging", "value": "LO"} | evidence → |
| units | {"basis": "most_recent", "value": 209} | evidence → |
| valuation | {"basis": "securitization", "amount": 33600000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 1887, "renovated": 2018} | evidence → |