804 W 7th St - Apartments FOR SALE


Davenport, IA 52802- Gold Coast
$239,900 USD
754-251-0201
804 W 7th St, Davenport, IA for Sale
$239,900 USD
Apartments - FOR SALE
1/5
null | 11.91% Cap Rate

804 W 7th St
Davenport, IA 52802
Gold Coast


OVERVIEW

FULLY RENOVATED AND TURNKEY!!! Awesome 5 unit property. On a hill, overlooking the river. Every unit has new flooring, kitchen, bathrooms. Brand new sewer line was recently put in. No repairs or maintenance needed. Will easily generate a 12% NET RETURN ON INVESTMENT!!! Properties are part of Iowa Urban Revitalization Exemption for the next 10 years, which means low taxes!!!! Financing and property management is available.

FOR SALE DETAILS

PRICE

$239,900 USD

PRICE/SF

$67 USD /SF

# OF UNITS

5

PRICE/UNIT

$47,980

CAP RATE

11.91%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

804 W 7th St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1856

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

MULTI-FAMILY

APN/PARCEL ID

G0046-06

ASK ABOUT THIS PROPERTY

Eli AhmadovLOYD RealtyMore Info
754-251-0201

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

Eli AhmadovLOYD RealtyMore Info
754-251-0201

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