This property is Off-Market

1905 W. 40th Street
Davenport, IA 52806 ·

119 Units · Multifamily For Sale

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Woodland Apartments

Price N/A Property Use Type Investment
No. Units 119 Commission Split 1.6%
Building Size 87,328 SF Cap Rate 10%
Property Type Multifamily Lot Size 154,509 SF
Property Sub-type Garden/Low-Rise
Listing ID: 18325092 Date Created: 08/23/2013 Last Updated: 12/11/2013

Description

Attractive brick apartment complex with excellent unit mix of efficiencies, 1, 2, and 3-bedrooms. Excellent management and on-site maintenance. Low vacancy rate and nice return. Features management office and owned laundry facilities. Most units are renovated/updated. Second address: 1935 W. 40th Street.

Convenient NW Davenport location just NW of W. Kimberly and N. Division intersection. West Kimberly (Highway 6) is a main east-west arterial thoroughfare linking Davenport and Bettendorf. The IA/IL Quad Cities is located between Chicago and Des Moines on the Mississippi River and the QC area had a population estimate of 382,630 in 2012. It is the largest 300-mile market west of Chicago.

Research

1905 W. 40th Street, Davenport, IA 52806 (Scott County)

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