405-407 W 65TH Street

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405-407 W 65TH Street

Davenport, IA 52806
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.
  • Property situated within the 52806 zip code area.
  • Davenport offers a stable environment for residential investment.
  • Well-positioned to serve the Quad Cities rental market.
  • Multifamily asset designed for long-term residential housing use.

What's Special

This multifamily apartment building sits in Davenport, Iowa, a city within the Quad Cities region. Known for its strong industrial roots and steady economic growth along the Mississippi River, the local market benefits from a diverse employment base and reliable infrastructure. The property occupies a position in the 52806 ZIP code, providing accessibility to major regional transit routes. Residential assets in this area serve a broad demographic of long-term tenants seeking proximity to regional commercial hubs and established neighborhoods. Investors often target Davenport for its historical stability in the multifamily sector and consistent demand for rental housing. The layout of this asset facilitates efficient management and long-term occupancy strategies for those looking to expand their portfolio within the 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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