4224 7th Avenue

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Listing was updated on: 12/02/2022

4224 7th Avenue, Rock Island, IL

Value Add Investment Portfolio FOR SALE. 18 units total with a mix of eight (8) single family homes, three (3) duplex's and one (1) fourplex. All of these properties are centrally located within a half mile (0.5 mi) of Augustana College and currently house students attending the college. This portfolio is valued at an 8.5% CAP rate using rent actuals, with potential for growth. All properties well cared for and managed by current ownership and completely renovated at time of purchase. With fantastic rental history and convenient location, this package is ideal for many investors.