Property Remarks
Portfolio includes five Davenport investment properties totaling 40 residential units generating a combined NOI of approximately $104,853 with an 8% average cap rate. Property and parcel details: 413 W. 6th St (Parcel G0054-22) - 11 units, Zoned R-MF; 1429 Brady St (Parcel G0024-15) - 7 units, Zoned C-T; 1816 Davenport Ave (Parcel F0004-31) - 4 units, Zoned R-MF; 805 W. 2nd St (Parcel L0014-11) - 13 units, Zoned I-MU; 709 Perry St (Parcel G0041-14) - 5 units, Zoned R-MF. Strategic locations throughout Davenport's core residential and commercial districts, near Palmer College of Chiropractic, downtown amenities, and major commuter routes including Brady Street (U.S. 61) and E. Locust Street.
