Homes for sale - 3004-3404 HEATHERTON DR, Davenport, IA 52804

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Lisa Carstens

lisacarstenshomes@gmail.com +1(563) 370-3119

Listed by Alix Holliday • Hawkeye Commercial Real Estate

$ 2,448,000

Est. payment | -/mo

31,200 SqFt

Save

$ 2,448,000

Est. payment | -/mo

Save

31,200 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 31,200 sqft

Price per Sqft $78

MLS Listing ID QC4262822

Annual Tax Amount $25,484

Tax Year 2023

Lot Size 1.320 Acres

Acres 1.32

Property Sub-Type Commercial

Source rmlsa

Property Description

This fully occupied 36-unit apartment portfolio in Davenport, Iowa, consists of six buildings, each with six remodeled units, including 24 two-bedroom and 12 one-bedroom apartments. All units feature electric appliances, new water heaters, gas furnaces, and central air. The properties offer private, well-lit off-street parking, and recent exterior updates, including landscaping, enhance their curb appeal. Valued at an 8.5% CAP rate, the portfolio offers value-add potential, with many tenants having rented for over a decade. Financials are available upon request, and all offers require pre-approval and are limited to qualified buyers.

Location

State IA

County Scott

Area Qcara Area

Zoning M

Direction West on Central Park Avenue, North on Clark Street, Turn West on Heatherton Drive

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Tile

Fireplace N

Exterior

View true

Roof Type Composition Shingle,Sloped

Garage 1

Building

Faces West on Central Park Avenue, North on Clark Street, Turn West on Heatherton Drive

Sewer Public Sewer

Water Municipal/City

Structure Type Aluminum Siding,Brick,Frame

Others

Tax ID O2101C18

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(563) 370-3119

lisacarstenshomes@gmail.com

2550 Middle Rd. Suite #601 Bettendorf, IA 5225722

3004-3404 HEATHERTON DR Davenport, IA 52804