6424 SCOTT Street

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6424 SCOTT 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 at 6424 Scott Street in Davenport
  • Asset is situated within the active Quad Cities regional market
  • Property features a standard multifamily configuration for residential use
  • Regional access is supported by the broader Mississippi River infrastructure
  • Investment potential within a steady suburban Iowa residential environment

What's Special

The apartment building at 6424 Scott Street in Davenport, Iowa, represents a multifamily investment asset positioned within the Quad Cities region. Davenport serves as a central hub for the area economy, supported by a diverse base of industrial, healthcare, and educational institutions along the Mississippi River corridor. This location provides convenient access to regional transportation networks, facilitating connectivity for residents throughout the metropolitan area. Multifamily assets in this submarket often cater to a consistent rental demographic seeking proximity to local employment centers and essential services. Investors may view this property as a addition to a residential portfolio, given the sustained demand for housing options in established neighborhoods of Davenport. The configuration allows for residential use, aligning with the broader multifamily trends observed across the Iowa market. Owners can leverage the property's accessibility to major thoroughfares to maintain stable occupancy levels.

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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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