2042-2046 W 4th St - Apartments FOR SALE


Davenport, IA 52802- Fejervary
$440,000 USD
515-314-1715
2042-2046 W 4th St, Davenport, IA for Sale
$440,000 USD
Apartments - FOR SALE
1/13
null | 8.11% Cap Rate

2042-2046 W 4th St
Davenport, IA 52802
Fejervary


HIGHLIGHTS

  • Over $200,000 invested in recent capital improvements
  • All units have been fully renovated, featuring new kitchen cabinets and countertops, updated appliances, new vinyl flooring, new light fixtures, and f
  • All 8 A/C units and 8 furnaces have been recently replaced
  • Residents pay in-unit gas/electric and water/sewer. Owner pays trash and common area utilities

OVERVIEW

Year Built - 1920 Year Renovated - 2022 Number of Units - 8 Unit Mix - All 1BR/1BA Avg. In Place Rents - $691 Parking - Surface Heating - Individual furnace Cooling - Central A/C Water Heater - Individual Appliances - Fridge and range 2026 Assessed Value - $446,490

FOR SALE DETAILS

PRICE

$440,000 USD

PRICE/SF

$91 USD /SF

# OF UNITS

8

PRICE/UNIT

$55,000

CAP RATE

8.11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

W 4th Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,049 SF

ZONING

-

APN/PARCEL ID

H0064-46

ASK ABOUT THIS PROPERTY

David EckleyCBREMore Info
515-314-1715

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David EckleyCBREMore Info
515-314-1715

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