6317-6319 WESTERN Avenue

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6317-6319 WESTERN Avenue

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 available for purchase in Davenport
  • Located at 6317-6319 Western Avenue in Iowa
  • Situated within the established Quad Cities regional market
  • Property supports diverse residential leasing and investment strategies
  • Asset provides accessible inventory in a growing area

What's Special

Davenport serves as a key industrial and commercial hub within the Quad Cities region, supported by a stable regional economy and consistent population growth. This apartment building at 6317-6319 Western Avenue is positioned to capitalize on the local demand for residential housing in this established Midwestern market. Investors targeting this sector will find the asset well-situated to accommodate long-term tenants seeking proximity to regional employment corridors and local amenities. Multifamily properties of this scale function as essential components of the Davenport housing stock, providing reliable rental inventory. The layout supports efficient management for those looking to expand their regional portfolio or establish a presence in this specific Iowa submarket. Given the current density and infrastructure of the area, this asset is suitable for operators focused on sustained yield and steady occupancy rates within the evolving Western Avenue corridor.

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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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