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Investment Highlights

  • Proximity of buildings to each other
  • Located on a bus route

Executive Summary

Northwest Davenport Investment Properties For Sale! 6 Duplexes, 12 Total Units. Being sold as a package only! Average rents are $925/mo for each unit. All unit are similar floorplans. 3brs, 1.5ba, 1100sqft with unfinished basements with laundry hookups. Expenses listed are annual for all 12 units. New LVP flooring in all units in the last three years. Many new mechanicals (Forced Air Furnaces, ACs, Water Heaters, Thermostats). Separate utility meters for all units. Tenants pay all utilities. All leases are currently month to month with background checks and deposits in place. 6234 & 6232, 6226 & 6224, 6304 & 6302, 6310 & 6308, 6316 & 6314,6319 & 6317 Appomattox Road. Seller is a licensed real estate agent in IA & IL.

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Property Facts

Price $1,316,411 CAD
Price / SF $119.67 CAD / SF
Cap Rate 8.49%
Sale Type Investment
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 11,000 SF
Total Land Area 0.96 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
6226 Appomattox Rd, Davenport, IA 52806 Multifamily 2,200 SF 1976 -
6234 Appomattox Rd, Davenport, IA 52806 Multifamily 2,200 SF 1976 -
6304 Appomattox Rd, Davenport, IA 52806 Multifamily 2,200 SF 1976 -
6310 Appomattox Rd, Davenport, IA 52806 Multifamily 2,200 SF 1976 -
6316 Appomattox Rd, Davenport, IA 52806 Multifamily 2,200 SF 1976 -
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  • Listing ID: 35060568

  • Date on Market: 2025-03-07

  • Last Updated:

  • Address: Appomattox Road Townhomes, Davenport, IA

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