411-413 W 65TH Street

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411-413 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
  • Strategically positioned within the Quad Cities region
  • Asset located at 411-413 W 65th Street
  • Property suited for stable residential income generation
  • Situated in a well-established Midwestern rental market

What's Special

This multifamily apartment building at 411-413 W 65th Street in Davenport, Iowa, serves as a functional addition to the local residential market. The property provides a configuration suitable for those seeking stable housing options within this established Midwestern community. Davenport serves as a central hub within the Quad Cities region, benefiting from a diverse economy and proximity to major regional transportation routes that support consistent demand for rental units. Investors and property managers will find this asset well-positioned to capitalize on the steady population trends prevalent in the metro area. Its location provides tenants with access to necessary services and regional infrastructure, making it a viable consideration for those focused on income-producing residential real estate. The building offers a straightforward investment profile for individuals or entities looking to grow their multifamily holdings in a reliable suburban setting.

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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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