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3380 HEATHERTON Drive, Davenport, IA 52804
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$425,000
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Home Details for 3380 HEATHERTON Drive
Price
$425,000
Type
Commercial/Industrial
Lot Size
1.32
County
Scott
Tax
$25,484
MLS®️ Listing#
QC4262828
On exitrealty.com
162 days
Property Description
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.
- Heating Information
- Forced Air
- Natural Gas
- Cooling Information
- Central Air
Listing Courtesy: Hawkeye Commercial Real Estate - Cell: 309-292-6514. Presented by: Alix Holliday
Based on information submitted to the MLS GRID as of 2025-05-03 17:30:29. 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.
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$425,000
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