The QC 100 3 Multifamily Properties Offered at $7,942,279 CAD in Multiple Locations

Marcus & Millichap is pleased to present The QC 100 Portfolio, a 100-unit multifamily offering strategically positioned across Davenport and Bettendorf, Iowa, representing a rare opportunity to acquire immediate scale in two of the Quad Cities’ most established and desirable rental submarkets. The portfolio consists of Carriage Hill Apartments (44 units), Shire Apartments (28 units), and Rivendell Apartments (28 units), offering a combined unit mix of 82 one-bedroom units and 18 two-bedroom units. Shire and Rivendell are practically adjacent in Bettendorf, creating meaningful operational efficiencies through concentrated management and maintenance, while Carriage Hill is located just five minutes away in Davenport’s East End, allowing for streamlined oversight across the full portfolio.
The portfolio features a variety of practical resident amenities including secure-entry buildings, on-site laundry facilities, detached garage parking, and on-site surface parking, creating operational efficiencies while enhancing overall tenant appeal. The utility structures across the assets are straightforward and efficient, with ownership covering select utility expenses while preserving manageable operating structures. The concentrated nature of the portfolio allows investors to achieve immediate economies of scale while maintaining operational flexibility across three strategically assembled assets within tightly connected submarkets.
Situated within some of Davenport and Bettendorf’s most desirable and supply-constrained residential corridors, The QC 100 Portfolio benefits from strong surrounding demographics, highly rated school districts, and immediate proximity to retail, dining, parks, and riverfront recreation. Carriage Hill Apartments is located in Davenport’s East End, one of the city’s most established and character-rich residential neighborhoods, recognized for its walkability, historic charm, and proximity to the Village of East Davenport and downtown Davenport. Shire Apartments and Rivendell Apartments are positioned within Bettendorf, one of Eastern Iowa’s most sought-after communities, known for its strong public infrastructure, quality-of-life amenities, and highly regarded municipal services.
As part of the Quad Cities MSA - home to more than 470,000 residents - The QC 100 Portfolio benefits from a diverse regional economy anchored by major employers including John Deere, Genesis Health System, UnityPoint Health, Rock Island Arsenal, Amazon, and Tyson Foods. The assets are also located near major educational institutions including Palmer College of Chiropractic, St. Ambrose University, and Augustana College, supporting durable rental demand across the market. With immediate scale, concentrated geography, and irreplaceable locations in premier Quad Cities submarkets, The QC 100 Portfolio presents a compelling opportunity to acquire a strategically assembled multifamily portfolio in one of the Midwest’s most stable and desirable rental markets.