Historical Multifamily Sale Listing - Woodland Apartments

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Woodland Apartments

1905 W. 40th Street, Davenport, IA 52806

N/A

119 Units | Multifamily

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Woodland Apartments

Multifamily Property - Off Market

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

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.

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

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