Pending

Pending (No Showings)

3004-3404 HEATHERTON Drive

Davenport IA, 52804

$2,232,000


$71.54 per sqft

Pending

Pending (No Showings)

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

October 1, 2024

Updated

Map

3004-3404 HEATHERTON Drive
Davenport IA, 52804

Interior Features

Total Stories

3


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

8/19/2024

Pending

Listed by with Hawkeye Commercial Real Estate
Listing Contact: Cell: 309-292-6514 

Listings courtesy of RMLS Alliance as distributed by MLS GRID. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Based on information submitted to the MLS GRID as of 10/1/2024

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