1103 25th St - Apartments FOR SALE


Rock Island, IL 61201- Hilltop
$2,700,000 USD
712-304-2149
1103 25th St, Rock Island, IL for Sale
$2,700,000 USD
Apartments - FOR SALE
1/13
null | 8.97% Cap Rate

1103 25th St
Rock Island, IL 61201
Hilltop


HIGHLIGHTS

  • 8-Studio; 24-1BR/1BA; 8-2BR/1BA; 8-2BR/2BA
  • 2 miles north of Rock Island Arsenal, a large military installation and the city’s largest employer with 6,300 employees
  • 1 mile west of Augustana College (2,500 students)

OVERVIEW

CBRE is pleased to offer the opportunity to acquire Woodland Grove Apartments, a 48-unit apartment community in Rock Island, Illinois.? Rock Island is part of the Quad Cities MSA of over 400,000 people.? Rock Island is home to Rock Island Arsenal, a large military installation and the city’s largest employer with 6,300 employees just two miles north of the property.? Augustana College is also located in Rock Island with enrollment of approximately 2,500 students, less than one mile from the property.? Address: 1103 25th Street, Rock Island, Illinois 61201 List Price: $2,700,000 Cap Rate: 8.97% Year Built: 1966 Number of Units: 48 Unit Mix: 8-Studio; 24-1BR/1BA; 8-2BR/1BA; 8-2BR/2BA Avg.? Unit Size: 717 SF Avg.? In Place Rent: $760

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$64 USD /SF

# OF UNITS

48

PRICE/UNIT

$56,250

CAP RATE

8.97%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodland Grove Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

16-01-101-011

ASK ABOUT THIS PROPERTY

Cy FoxCBREMore Info
712-304-2149

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Cy FoxCBREMore Info
712-304-2149

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.