4323 Division St Davenport, IA 52806
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.
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Social Media Word of Mouth, Inc Marketing & Advertising (Bike/Boat/Book/etc) Store
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Breckenridge Apartments Apartment Building
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APC kennels PLUS MORE Hotel & Motel Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.