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Schricker Apartments 401 W 4th St 50 Unit Apartment Building $2,560,000 ($51,200/Unit) Davenport, IA 52801
INVESTMENT HIGHLIGHTS
- Excellent downtown location
- Parking available in adjacent city lots
- 20 minutes to Downtown Municipal Airport
PROPERTY FACTS
| Price | $2,560,000 | Lot Size | 0.20 AC |
| Price Per Unit | $51,200 | Building Size | 26,250 SF |
| Sale Type | Investment | Average Occupancy | 38% |
| No. Units | 50 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 1.45/1,000 SF |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | Commercial | ||
| Price | $2,560,000 |
| Price Per Unit | $51,200 |
| Sale Type | Investment |
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 26,250 SF |
| Average Occupancy | 38% |
| No. Stories | 4 |
| Year Built | 1900 |
| Parking Ratio | 1.45/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Heating
- Hardwood Floors
- Refrigerator
- Oven
- Freezer
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 25 | - | - |
| 1+1 | 25 | - | - |
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | L0006-10 | Improvements Assessment | $1,164,390 |
| Land Assessment | $38,850 | Total Assessment | $1,203,240 |
PROPERTY TAXES
Parcel Number
L0006-10
Land Assessment
$38,850
Improvements Assessment
$1,164,390
Total Assessment
$1,203,240
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Schricker Apartments | 401 W 4th St
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