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Eastern Iowa Portfolio
Davenport, IA Fejervary

$1,625,000 USD

Multifamily For Sale  •  16,073 SF

10 Properties View all

Property Details

• Property Type Multifamily
• Cap Rate 7.10 %

10 Transit Score

50 Walk Score

Highlights

10 Contiguous Market Assets – Enabling a professional management platform and vendor consolidation across a single metro area

Assumable Debt – Below market financing available, representing significant value to a qualified buyer in today’s elevated interest rate environment

Significant Mark-to-Market Rent Upside – Current in-place rents are substantially below market

Extensive Recent Capital Improvements – Ownership has invested significantly in capital improvements over the past five years

Cap Rate:

7.10 %

Public Transportation

Airport	Drive	Walk	Distance
Quad Cities International	21 min	-	11.0 mi