1128 W 14th Street

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1128 W 14th Street

Davenport, IA 52804
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located in Davenport, Iowa
  • Strategically positioned within the Quad Cities economic corridor
  • Asset located at the 1128 W 14th Street address
  • Building suitable for long-term residential leasing operations

What's Special

Investors seeking to expand their residential holdings in the Quad Cities region may look to this apartment building at 1128 W 14th Street in Davenport, Iowa. As a multifamily asset, the property provides a foundational opportunity for residential leasing in a market characterized by steady demand and a central position within the metropolitan area. Davenport benefits from its strategic placement along the Mississippi River, serving as a primary economic hub for the region with a diverse mix of manufacturing, healthcare, and educational sectors supporting the local rental base. This structure functions as an established unit for long-term residential management. Its location within a mature suburban neighborhood allows for consistent access to regional transit routes and local services. Prospective buyers can leverage the existing footprint to address the ongoing need for quality housing in this growing Midwest market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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