913-956-8559
4000 Archer Dr, East Moline, IL for Sale
Apartments - FOR SALE
1/28
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4000 Archer Dr
East Moline, IL 61244
Outer Rock Island/Moline


HIGHLIGHTS

  • 100% Renovated, Turnkey Asset – Zero Short-Term Capital Needs & Minimal Deferred Maintenance
  • New Roofs (2020) & 100% New HVAC Systems
  • Fully Renovated Interiors w/ Top-of-Market Finishes Throughout
  • Differentiated Townhome Product in a Predominantly Garden-Style Competitive Set
  • Efficient All 2BR/3BR Unit Mix – 79% Two-Bedroom & 21% Three-Bedroom Units
  • Limited New Supply – Zero Units Under Construction Across the Rock Island/Moline Submarket

OVERVIEW

100% Renovated, Turnkey Asset – Zero Short-Term Capital Needs & Minimal Deferred Maintenance New Roofs (2020) & 100% New HVAC Systems Fully Renovated Interiors w/ Top-of-Market Finishes Throughout Differentiated Townhome Product in a Predominantly Garden-Style Competitive Set Efficient All 2BR/3BR Unit Mix – 79% Two-Bedroom & 21% Three-Bedroom Units Limited New Supply – Zero Units Under Construction Across the Rock Island/Moline Submarket Close-Proximity to Major Employers – John Deere, Rock Island Arsenal, UnityPoint Health & MercyOne Genesis

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

76

CAP RATE

Request Cap Rate

% LEASED

89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lux off Archer

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

95

LAND DETAILS

LAND ACRES

4.47 AC

LAND SF

194,713 SF

ZONING

EM

APN/PARCEL ID

18-06-300-002

ASK ABOUT THIS PROPERTY

Zachary CroakeNewmarkMore Info
913-956-8559

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Zachary CroakeNewmarkMore Info
913-956-8559

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