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Property profile & analytics
OFF-MARKET
Commercial real estate

4323 Division St Davenport, IA 52806

Built 1972
Property ID
US25-0552808
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1972
UPID US25-0552808
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Social Media Word of Mouth, Inc Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Breckenridge Apartments Apartment Building
  • APC kennels PLUS MORE Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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