Multifamily Townhome
For Sale
Contact for pricing
Pending
3351 Serenity Place, Rock Island, IL 61201
Thirteen buildings provide individually leased residences with attached two-car garages and designated guest parking.
Property Size80,000 SF
Lot Size5.91 Acres
Days on Market145
Property Features for 3351 Serenity Place
General Information
Standard status
Pending
Size
80,000 SF
Class
Class A
Lot size
5.91 Acres
Property subtype
Multifamily
Net Operating Income
$473,119
Units
Unit Mix
2 x 1BR, 4 x 2BR, 48 x 3BR
Multifamily Units
54
Additional Details
Asking Price
$8,350,000
Building Details
Buildings
13
Listing Agency:
Cross Country Commercial Realty Inc.
Listed By:
George Gavalas · License #NY10311208861
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 31 at 7:20PM
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 Cross Country Commercial Realty Inc.
Investment Insights
Based on property information with market context.
This multifamily property includes 54 townhomes distributed among 13 buildings on a 5.91-acre site, along with a management office. The improvements total approximately 80,000 square feet and were constructed from 2013 to 2016.
The unit mix includes 48 three-bedroom residences, four two-bedroom residences, and two one-bedroom residences. Three-bedroom and two-bedroom units are 1,390 square feet each, while the one-bedroom units range from 900 to 1,100 square feet. Two three-bedroom homes and both one-bedroom homes include basements; one of the latter has a finished basement with an additional living area and bedroom. Each townhome has an attached two-car garage and driveway, with designated guest parking also provided. Lease terms range from 1Y to 2Y.
The unit mix includes 48 three-bedroom residences, four two-bedroom residences, and two one-bedroom residences. Three-bedroom and two-bedroom units are 1,390 square feet each, while the one-bedroom units range from 900 to 1,100 square feet. Two three-bedroom homes and both one-bedroom homes include basements; one of the latter has a finished basement with an additional living area and bedroom. Each townhome has an attached two-car garage and driveway, with designated guest parking also provided. Lease terms range from 1Y to 2Y.
Key Highlights
- 54 townhomes across 13 individual buildings
- 5.91‑acre multifamily property with approximately 80,000 square feet
- Unit mix includes 48 3 BR, 4 2 BR, and 2 1 BR residences
Property Analytics
Property Profile
Current Use
Lease Details
54
Residential units
Location Intelligence
Trade Area within ½ mile
715
Businesses Nearby
Explore this area
Business Placement
Demographics for 61201, IL
37,366
Population
17,459
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
17.9 sq mi
ZIP Area
2,087
Density / Sq Mi
$57,260
Median Household Income
$34,541
Median Earnings
$822
Median Rent
$118,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Thirteen buildings provide individually leased residences with attached two-car garages and designated guest parking.
Where is this multifamily property located?
The property is located at 3351 Serenity Place Rock Island, IL.
What are key features of this property?
This property features: 54 townhomes across 13 individual buildings; 5.91‑acre multifamily property with approximately 80,000 square feet; Unit mix includes 48 3 BR, 4 2 BR, and 2 1 BR residences
