425 28TH ST

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425 28TH ST

BETTENDORF, IA 52722-5214
Asking Price
$790K
Asset Type
Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily property located in Bettendorf Iowa at 425 28th St.
  • The site includes both residential and commercial space components.
  • Investment includes two single-family units within the total asset.
  • Offered for sale at a list price of $790,000.
  • Situated within the stable Quad Cities metropolitan regional market.

What's Special

Priced at $790,000, this multifamily property located at 425 28th St in Bettendorf, Iowa, presents a versatile investment opportunity within the Quad Cities region. The asset includes both residential and commercial components, featuring two single-family units as part of its current configuration. This diversity allows for multiple income streams, making it a functional choice for investors seeking to balance housing demand with commercial utility in a growing suburban market. Bettendorf serves as a stable residential hub along the Mississippi River, benefiting from the broader economic activity of the Davenport-Moline-Rock Island metropolitan area. Investors looking for a manageable portfolio addition will find the mixed-use nature of this site practical for long-term hold strategies. The property structure accommodates various operational needs, whether maintaining the existing residential leases or exploring further commercial development potential within this established neighborhood. Its placement offers connectivity to local amenities and regional transit routes.

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NOI
$80,000
Cap Rate
10.13%
DSCR
1.71
Strong
Cash-on-Cash
13.97%
Monthly Payment
$3,908.489
Annual Cash Flow
$33,098.132

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