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Browse More Listings in Multifamily For Sale, Davenport, IA or Iowa

Multifamily Property For Sale

Washington Square 100% Occupancy

1937 Washington St., Davenport, IA 52803

Price:
$3,195,000
No. Units:
24
Building Size:
28,000 SF
Price/Unit:
$133,125
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Cap Rate:
8.20%
Occupancy:
100%
Find Out More...

Last Verified 10/22/2009 Listing ID 16354561

Description

100% occupancy. 18 month old 24 unit building with 28 underground parking spaces and 28 parking spaces in outside lot. Elevator to all floors. All units are 2 bedroom 2 bathroom with full kitchen fireplace and deck. High end tenants with waiting list.

2 blocks from main hospital in town and 1 block from large commercial area

Financial Summary

Actual
Net Operating Income
$262,500

Map of 1937 Washington St., Davenport, IA 52803 (Scott County)

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Created 8/13/2009

Additional Information for 1937 Washington Street, Davenport, IA 52804

Active For Sale - 2 Listings
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Washington Square 100% Occupancy

1937 Washington St., Davenport, IA, 52803