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Woodland Grove Apartments 1103 25th St 48 Unit Apartment Building $2,900,000 ($60,417/Unit) 8.25% Cap Rate Rock Island, IL 61201
INVESTMENT HIGHLIGHTS
- 8-Studio; 24-1BR/1BA; 8-2BR/1BA; 8-2BR/2BA
- 1 mile west of Augustana College (2,500 students)
- 2 miles north of Rock Island Arsenal, a large military installation and the city’s largest employer with 6,300 employees
PROPERTY FACTS
| Price | $2,900,000 | Property Subtype | Apartment |
| Price Per Unit | $60,417 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 8.25% | Building Size | 42,000 SF |
| No. Units | 48 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1966 |
| Price | $2,900,000 |
| Price Per Unit | $60,417 |
| Sale Type | Investment |
| Cap Rate | 8.25% |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 42,000 SF |
| No. Stories | 2 |
| Year Built | 1966 |
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PROPERTY TAXES
| Parcel Number | 16-01-101-011 | Improvements Assessment | $376,685 |
| Land Assessment | $66,898 | Total Assessment | $443,583 |
PROPERTY TAXES
Parcel Number
16-01-101-011
Land Assessment
$66,898
Improvements Assessment
$376,685
Total Assessment
$443,583
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Woodland Grove Apartments | 1103 25th St
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