845-847 Hawkeye Drive

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845-847 Hawkeye Drive

Dubuque, IA 52001
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 asset for sale in Dubuque, Iowa
  • The property contains two individual rental units
  • Located at 845-847 Hawkeye Drive, ZIP code 52001
  • Strategically positioned within a stable regional housing market
  • Suitable for residential investors or local owner-occupants

What's Special

This multifamily apartment building at 845-847 Hawkeye Drive in Dubuque, Iowa, is currently available for sale. The property features two units, making it a viable acquisition for residential real estate investors seeking to expand their rental portfolio or owner-occupants looking for a manageable asset. Dubuque serves as a regional hub along the Mississippi River, benefiting from a stable local economy and proximity to established transportation corridors. The city maintains a steady demand for rental housing due to its diverse employment base and educational institutions. This asset offers a straightforward addition to a property collection in a well-established submarket within the Midwest. Potential use cases include long-term rental income generation or a conversion project for those focused on small-scale residential investment. The location provides connectivity to major regional thoroughfares while remaining positioned within a residential neighborhood 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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