6112-6114 WESTERN Avenue

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6112-6114 WESTERN Avenue

Davenport, IA 52806-9999
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 at 6112-6114 Western Avenue within 52806.
  • Investment asset suitable for long-term residential rental operations.
  • Located in a growing suburban market in the region.
  • Positioned for convenient access to regional transit routes.

What's Special

Investors seeking to expand their residential portfolio will find this apartment building on Western Avenue a practical addition in Davenport, Iowa. The asset provides a stable base for rental income within a growing regional market supported by diverse manufacturing and service sectors along the Mississippi River. Its location in the 52806 zip code positions residents near major transit corridors, allowing for efficient commuting throughout the Quad Cities area. Given the sustained demand for housing in this suburban cluster, the property serves as a reliable vehicle for long-term hold strategies. The scale of the building accommodates a variety of management approaches, whether for an established local landlord or an institutional buyer looking for consistent performance. This multifamily asset captures the essence of Davenport’s steady economic climate and remains a functional component of the local housing stock. Future owners can leverage the established residential profile of the neighborhood to maintain consistent occupancy levels while managing ongoing rental operations in a well-connected part of the metropolitan region.

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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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