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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.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.