Multi-Family Portfolio with Code
1304 E 38th St Davenport, IA 52807
For Sale
Contact for pricing
Pending
Portfolio includes six 12-plexes and six 4-plexes, totaling 96 units, with code violations requiring immediate attention.
Days on Market103
Property Features for 1304 E 38th St
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing Agency:
RE/MAX BEST COMMERCIAL
Listed By:
David Ryan · License #IA
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Jul 23 at 11:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX BEST COMMERCIAL
Investment Insights
Based on property information with market context.
This offering is a multi-family portfolio comprising 12 separate properties: six 12-plex buildings and six 4-plex buildings, for a total of 96 units. The seller is willing to split the sale to accommodate a buyer’s convenience.
The properties have code violations that need to be addressed immediately. The owner will provide $200,000 at closing to support repairs with an acceptable offer.
As presented in the seller’s materials, metro vacancy is cited as less than 3% based on pro forma figures. The specific mix of units across the 12 buildings provides multiple smaller and larger building options within the same overall portfolio.
The properties have code violations that need to be addressed immediately. The owner will provide $200,000 at closing to support repairs with an acceptable offer.
As presented in the seller’s materials, metro vacancy is cited as less than 3% based on pro forma figures. The specific mix of units across the 12 buildings provides multiple smaller and larger building options within the same overall portfolio.
Key Highlights
- Portfolio includes twelve total properties: six 12‑plexes and six 4‑plexes
- Total of 96 units across the portfolio
- Code violations need to be addressed immediately
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Apartment building - Portfolio includes six 12-plexes and six 4-plexes, totaling 96 units, with code violations requiring immediate attention.
Where is this apartment building located?
The property is located at 1304 E 38th St Davenport, IA.
What are key features of this property?
This property features: Portfolio includes twelve total properties: six 12‑plexes and six 4‑plexes; Total of 96 units across the portfolio; Code violations need to be addressed immediately
