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3567 Kimberly Downs Road

Davenport, IA 52807
  • $679,000
  • STATUS: Active
  • ON SITE: 102 Days
  • ID#: QC4254743
Price Reduced
UPDATED: 51 min ago
$679,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1966
County:
Area:

School Information

High School:

Description

11-unit brick apartment building in a great Davenport location. Fully stabilized with many recent capital improvements. All units are 2-bedroom/1-bath and feature updated interior finishes including flooring, paint, kitchens, and bathrooms. Other recent improvements include a newer sprinkler system, roof, and boiler. Property is centrally located in Davenport, East of Brady Street and South of Kimberly Rd with quick access to I-74. A commercial garage in the parking lot was built in 2004 and could be utilized to generate additional income. Current rent roll and financials available.

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© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2024-11-02T13:45:07.833.
www.brysonsmithteam.com/homes/152849766
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3567 Kimberly Downs Road Davenport, IA 52807

  • Price: $679,000
  • Status: Active
  • On Site: 102 Days
  • Updated: 51 min ago
  • ID#: QC4254743
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1966
Built
Neighborhood:
Kimberly Crest South
County:
Scott
Area:
Qcara Area
High School:
Davenport Central
Property Description
11-unit brick apartment building in a great Davenport location. Fully stabilized with many recent capital improvements. All units are 2-bedroom/1-bath and feature updated interior finishes including flooring, paint, kitchens, and bathrooms. Other recent improvements include a newer sprinkler system, roof, and boiler. Property is centrally located in Davenport, East of Brady Street and South of Kimberly Rd with quick access to I-74. A commercial garage in the parking lot was built in 2004 and could be utilized to generate additional income. Current rent roll and financials available.
Exterior Features

Construction Materials Brick Exterior Features Fence Parking Features DetachedOther Parking Total 10 Road Surface Type Curbs & Gutters Roof Rubber

Interior Features

Basement Full Building Area Total 9762 Heating BaseboardElectricGas Laundry Features Common Area Number Of Central Air Units 0 Number Of Dryers 1 Number Of Electric Meters 1 Number Of Gas Meters 1 Number Of Heating Units 1 Number Of Ranges 11 Number Of Washers 1 Number Of Water Heaters 2 Numberof Refrigerators 11

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Conventional Gross Income 115928 Gross Scheduled Income 115140 Insurance Expense 6107 Lease Term Variable Lot Features Level Lot Size Dimensions 135'x99' Manager On Site YN No Net Operating Income 54548 New Construction YN No Number Of Water Meters 1 Operating Expense 45912 Repossessed No Structure Type Apartment Building Tax Annual Amount 15468 Tax Legal Description Kimberly Crest South Tax Year 2022 Trash Expense 125 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Alex Kelly of NAI Ruhl Commercial Company: Office: 563-355-4000.
© 2024 RMLS Alliance, LLC. All Rights Reserved.


© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2024-11-02T13:45:07.833.
 
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