3544 Kimberly Downs Rd - Apartments FOR SALE


Davenport, IA 52807
$1,650,000 USD
563-940-8393
3544 Kimberly Downs Rd, Davenport, IA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/21
null | 8.35% Cap Rate

3544 Kimberly Downs Rd
Davenport, IA 52807


OVERVIEW

Great residential investment opportunity available in the heart of Davenport. Located just south of Kimberly Road and East of Brady Street Stadium. Listing includes a complex of 4 adjacent buildings, each with 6 rental units. 4 - 2 bedroom units and 2 - 1 bedroom units. Complex features paved off-street parking, coin-laundry, and many long term tenants. Currently locally managed, property offers good cashflow and easy transition to continued convenient, hands-off operation.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$275 USD /SF

# OF UNITS

24

PRICE/UNIT

$68,750

CAP RATE

8.35%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

CMU

APN/PARCEL ID

P1314A05,P1314A06,P1314A07,P1314A08

ASK ABOUT THIS PROPERTY

Peter Voss3% Listing Company, LLCMore Info
563-940-8393

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Peter Voss3% Listing Company, LLCMore Info
563-940-8393

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.