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3567 Kimberly Downs Road
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building located in Davenport Iowa
- Asset comprises eleven individual residential rental units
- Offered for sale at an asking price of 535000 dollars
- Investment opportunity featuring a 10 percent capitalization rate
- Situated within the established Quad Cities regional housing market
What's Special
This multifamily apartment building at 3567 Kimberly Downs Road in Davenport, Iowa, is currently available for sale. Investors seeking a yield-focused addition to their portfolio may find this 11-unit asset well-positioned within the Quad Cities regional market. Davenport serves as a central hub for economic activity along the Mississippi River, benefiting from a diverse industrial base and a consistent demand for workforce housing. The property currently operates at a 10% capitalization rate. Given the scale and density of the unit count, the building provides a stable foundation for a residential income stream. The Davenport submarket continues to attract residents due to its regional connectivity and steady employment landscape, making this asset a practical choice for long-term hold strategies. This acquisition represents a functional entry point for those looking to expand their presence in the Iowa rental housing market.
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