Property Description

Six-building, 56-unit multifamily portfolio in Moline and Rock Island offered at $2,850,000 (complete portfolio only), a 9.15% cap rate on 2025 NOI of $260,813. Buildings may also be purchased individually at the prices shown in each building's listing (MLS 12799155, 12799186, 12799085, 12799718, 12799698, 12799586). Below-market rents offer upside. Sold as-is; inspections permitted but offers may not be contingent on inspections. No seller financing. Repair records before 2022 are not available. Seller is a trust and will convey by trustee's deed. Offers must be on Seller's form purchase agreement, available from the listing broker. Full offering memorandum available on request. Please do not contact tenants, all showings through the listing agent.

Property Features