W 4th Street Apartments — Sale in Davenport, IA

  • Price: $440K
  • Listing type: For sale
  • Asset type: Business
  • Location: Davenport, IA 52802

Description

New Listing | 8 Units | 8.11% Cap Rate | Davenport, IA Address: 2042-2046 W 4th St, Davenport, IA 52804 List Price: $440,000 ($55,000/unit) Cap Rate: 8.11% Number of Units: 8 ​​​​​​​​​​​​​​Unit Mix: All 1BR/1BA Avgerage In-Place Rents: $691 Year Built: 1920 Year Renovated: 2020 Property Highlights: - Over $200,000 invested in recent capital improvements - All units have been fully renovated, featuring new kitchen cabinets and countertops, updated appliances, new vinyl flooring, new light fixtures, and fresh paint throughout - All 8 A/C units and 8 furnaces have been recently replaced - Residents pay in-unit gas/electric and water/sewer. Owner pays trash and common area utilities

Market Context

This commercial property in Davenport, IA is listed for sale at $440,000. It has been on the market for 12 days. Compare it against other commercial property listings for sale in Davenport, IA — view the full market.

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