4323 Division StDavenport, IA 52806
- Apartment buildings
Property Details for 4323 Division St
- Year built
- 1972
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents the Breckenridge Apartments, a 119-unit multifamily property located at 4323 N Division St, Davenport, IA 52806, in Scott County. Built in 1972, this Class B property comprises five buildings and boasts a remarkable 98% occupancy rate, demonstrating strong tenant demand and immediate cash flow potential. The property's "Value-Add" investment type suggests significant upside through potential renovations and operational improvements. The existing structure provides a solid foundation for enhancing the property's value and rental income. With 119 units spread across five buildings, this complex offers a substantial scale for investors seeking a significant portfolio addition. The property's location in Davenport, Iowa, provides access to a thriving local market and offers potential for further growth. This is an ideal opportunity for investors seeking a stable, high-occupancy multifamily asset with considerable room for value enhancement. The property's strong performance metrics and strategic location make it a compelling investment prospect in the Davenport, Iowa market. Detailed financial information and property specifics are available upon request.
Location Insight
- City
- Davenport
- County
- Scott
- State
- Iowa
- Latitude
- 41.5648
- Longitude
- -90.5996
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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