4224 7TH Avenue Rock Island, IL 61201

Featured For Sale Pending
4224 7TH Avenue
Rock Island IL, 61201
Price: $1,470,000
Type: Commercial/CIE
Agent: Alix Holliday
Broker: Hawkeye Commercial Real Estate

Value Add Investment Portfolio FOR SALE. 18 units total with a mix of eight (8) single family homes, three (3) duplex’s and one (1) fourplex. All of these properties are centrally located within a half mile (0.5 mi) of Augustana College and currently house students attending the college. This portfolio is valued at an 8.5% CAP rate using rent actuals, with potential for growth. All properties well cared for and managed by current ownership and completely renovated at time of purchase. With fantastic rental history and convenient location, this package is ideal for many investors.