1111 Avenue Of The Cities

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Address: 1111 Avenue of the Cities, East Moline, IL 61244, USA
Created date: August 5, 2024
Date last updated: September 3, 2024
  • Strong tenant base with proximity to major employers
  • Upside via continued implementation of value-add program
  • 474K+ population in Quad Cities MSA
  • Ideal unit mix of one & two-bedrooms
  • On site laundry facilities

Property Description

The Avenues at East Moline is a 113-unit value-add apartment community in East Moline, Illinois - a part of the greater Quad Cities MSA which includes Rock Island and Moline, IL as well as Bettendorf & Davenport, IA. The community benefits from its strategic location near education, entertainment, and retail corridors offering grocers, shops, dining, and employment drivers. Over 54% of the units have been renovated and new ownership can capitalize on the continued implementation of a value-add program.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $6,600,000
No. of Units: 114
Year Built: 1966
Lot Size: 2.72 Sq ft
Opportunity Zone: No
Price per unit: $57,895
Property Website Click Here
Address: 1111 Avenue of the Cities, East Moline, IL 61244, USA
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