Eastern Iowa Portfolio Multi-Family FOR SALE


Davenport, IA - Fejervary | 
$1,625,000 USD
515-249-8355
, Davenport, IA for Sale
$1,625,000 USD
Multi-Family - FOR SALE
1/2
null | 7.1% Cap Rate

Eastern Iowa Portfolio
Davenport, IA
Fejervary


HIGHLIGHTS

  • 10 Contiguous Market Assets – Enabling a professional management platform and vendor consolidation across a single metro area
  • Assumable Debt – Below market financing available, representing significant value to a qualified buyer in today’s elevated interest rate environment
  • Significant Mark-to-Market Rent Upside – Current in-place rents are substantially below market
  • Extensive Recent Capital Improvements – Ownership has invested significantly in capital improvements over the past five years

OVERVIEW

CBRE is pleased to present the exclusive opportunity to acquire a 10-property residential portfolio located throughout Davenport, Iowa (Scott County). The portfolio comprises a diverse mix of single-family homes, duplexes, and triplex assets ranging in vintage from 1890 – 1953, situated across established Davenport neighborhoods with strong workforce housing demand. The properties are offered as a portfolio, providing a buyer with immediate scale and geographic density within a single, highly manageable Quad Cities market.

ASK ABOUT THIS PROPERTY

Max ColbyCBREMore Info
515-249-8355

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Max ColbyCBREMore Info
515-249-8355

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