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Pershing Hill Lofts 511 Pershing Ave 62 Unit Apartment Building For Sale Davenport, IA 52803

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EXECUTIVE SUMMARY

Pershing Hill Lofts is a six-story, 62-unit historic multifamily property totaling 84,444 square feet, located at 511 Pershing Avenue in Davenport, Iowa. Originally constructed in 1909 and renovated in 2018, the property combines the charm and character of a historic building with modern in-unit finishes. The property is strategically located in the heart of Davenport’s Hamburg Historic District, a highly desirable area known for its historic architecture and strong retail and dining amenities. Learn more here: https://platform.reverecre.com/project/9f388f4a-5996-4158-bc9f-9a4edf88b288

Pershing Hill Lofts Teaser

PROPERTY FACTS

Sale Type	Investment	Lot Size	0.48 AC
No. Units	62	Building Size	84,444 SF
Property Type	Multifamily	No. Stories	6
Property Subtype	Apartment	Year Built	1909
Apartment Style	Mid-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C
Zoning	M

Sale Type	Investment
No. Units	62
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid-Rise
Building Class	C
Lot Size	0.48 AC
Building Size	84,444 SF
No. Stories	6
Year Built	1909
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M