1103 25Th St Rock Island, IL 61201
48-unit apartment community in Rock Island, Illinois.
Property size:
42,000 SFProperty Features for 1103 25Th St
General Information
- Standard status
- Active
- Size
- 42,000 SF
Source:
Cbre
Listing Agent: Ray Hamilton
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Rock Island Apartment Community
The Woodland Grove Apartments, located in Rock Island, Illinois, presents an opportunity to acquire a 48-unit apartment community. Rock Island is part of the Quad Cities MSA, encompassing over 400,000 people. The property, constructed in 1966, has a gross building area of 42,000 square feet and is situated on a 1.99-acre parcel. The unit mix includes 8 studio apartments, 24 one-bedroom/one-bathroom units, 8 two-bedroom/one-bathroom units, and 8 two-bedroom/two-bathroom units. Rock Island is home to Rock Island Arsenal, a large military installation and the city’s largest employer with 6,300 employees, located two miles north of the property. Augustana College, with an enrollment of approximately 2,500 students, is also located in Rock Island, less than one mile from the property.
Location Intelligence
Current Use by Public Records
Woodland Grove Apartments.
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Rock Island
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.564361
- Latitude
- 41.500432
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 48-unit apartment community in Rock Island, Illinois.
Where is this apartment building located?
The property is located at 1103 25Th St Rock Island, IL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: - High Cap Rate: 8.25%; - 48-unit apartment community; - Located in Rock Island, part of the Quad Cities MSA (over 400,000 people)
