West Davenport residential/multi-family development located at the southwest corner of N. Pine St and 53rd St. Potential commercial application on front portion of parcel.
308 NW 4th Street
Former hospital, currently a 17 unit apartment complex for sale. Completely occupied this 3 level building in the heart of Aledo, IL would make for a great value add to any investors portfolio. Many capital expenditures done with current ownership, including reworked electric and new roof in 2023.
3004-3404 Heatherton Dr
36 Unit Apartment Portfolio FOR SALE in Davenport, Iowa. This sale consists of six (6) buildings total, housing six (6) units each. The unit breakdown is 24 two-bedrooms and 12 one-bedroom units. 32 of the 36 units have been completely remodeled and all units have electric appliances, new water heaters, gas furnaces and central air. Private off street parking for each unit is a huge plus, as each parking lot is lit for easy access to each building. The exterior of each building has been updated within the last 12 months, including new landscaping for better curb appeal. These properties are being valued at an 8% CAP rate with value add potential, as current ownership has supplied housing for some Tenants for 10+ years. Financials available upon request and pre-approval required for any and all offers, qualified Buyers only.
401 NW Canton St
Former nursing home/assisted living facility closed in 2021. Features 27 residential care units each with 3/4 bathroom, and 12 assisted living units each with full bath, kitchen, and washer/dryer. Facility also has a large, well maintained commercial kitchen full of equipment included in the purchase. Ample parking for staff and clients with covered porte-cochere main entrance. Building received new roof in August of 2020.