Sold
3004-3404 HEATHERTON Drive
Davenport IA, 52804
$2,088,000
$66.92 per sqft
Sold
31,200 sqft
Commercial
36 Unit Apartment Portfolio FOR SALE in Davenport, Iowa. This sale consists of six (6) buildings total, housing six (6) units each. The unit breakdown is 24 two-bedrooms and 12 one-bedroom units. 32 of the 36 units have been completely remodeled and all units have electric appliances, new water heaters, gas furnaces and central air. Private off street parking for each unit is a huge plus, as each parking lot is lit for easy access to each building. The exterior of each building has been updated within the last 12 months, including new landscaping for better curb appeal. These properties are being valued at an 8% CAP rate with value add potential, as current ownership has supplied housing for some Tenants for 10+ years. Financials available upon request and pre-approval required for any and all offers, qualified Buyers only.
QC4254041
MLSⓇ ID
June 28, 2024
Listed
November 22, 2024
Updated
Map
3004-3404 HEATHERTON Drive
Davenport IA, 52804
Interior Features
Total Stories
10
Floor Description
Carpet, Tile/Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Gas
Exterior/Building Features
Lot Size
1.32 Acres
Roof
Composition Shingle, Sloped
Sewer
Public Sewer
Other Property Details
Taxes
$25,484
Tax Frequency
Annually
Days on Market
52
Garage
No
View
No
County
Scott
Water Source
Municipal/City
Pool
No
Zoning
M
Listing History
Date | Event | Price |
|---|---|---|
11/1/2024 | Sold | $2,088,000 |
8/19/2024 | Pending | — |
Listed by with Hawkeye Commercial Real Estate
Listing Contact: Cell: 309-292-6514
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Based on information submitted to the MLS GRID as of 11/22/2024