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Multifamily

RockTop Apartments

2920 24th St, Rock Island, IL 61201

Listing Price: $1,725,000

Cap Rate
6.00%
Number of Units
1
Price/Unit
$1,725,000
Price/Gross SF
$87.56
Gross SF
19,700

Investment Overview

Marcus & Millichap is pleased to present the RockTop Apartments, located in Rock Island, Illinois . The subject property consists of two buildings totaling 39 apartments. 2920 24th Street has 28 units; two studios, 16 one-bedrooms, and ten two-bedrooms. 3000 24th street is made up of 11 units; four one-bedrooms and seven two-bedrooms. Rock Island is Located on the Mississippi River, it is one of the Quad Cities, along with neighboring Moline, and the Iowa cities of Davenport and Bettendorf. Rock Island features the District, which is home to numerous art galleries and theaters and other venues. There are also numerous parks including the botanical center, the marina, historic bike tours and trails, and many festivals throughout the year. The city’s namesake and largest employer is government-owned Rock Island Arsenal, employing approximately 6,000 people. Augustana College and John Deere are also in the immediate area.

Investment Highlights

  • Excellent Rock Island Location
  • Two Buildings, 39 Apartments
  • Quiet Residential Neighborhood with Easy Access to Shopping
  • Blocks from Trinity Hospital, a 327-Bed Facility
  • Across the Street from Jordon Catholic School, K-8
  • 2.5 Miles from Augustana College
  • 10 Miles from John Deere's Largest Manufacturing Facility Located in East Moline, IL
  • 3.8 Miles from the Rock Island Arsenal, the City's Largest Employer, with More than 6,000 Employees

Exclusively Listed By

Multifamily

RockTop Apartments

Listing Price: $1,725,000

Cap Rate
6.00%
Number of Units
1
Price/Unit
$1,725,000
Price/Gross SF
$87.56
Gross SF
19,700

Investment Highlights

  • Excellent Rock Island Location
  • Two Buildings, 39 Apartments
  • Quiet Residential Neighborhood with Easy Access to Shopping
  • Blocks from Trinity Hospital, a 327-Bed Facility
  • Across the Street from Jordon Catholic School, K-8
  • 2.5 Miles from Augustana College
  • 10 Miles from John Deere's Largest Manufacturing Facility Located in East Moline, IL
  • 3.8 Miles from the Rock Island Arsenal, the City's Largest Employer, with More than 6,000 Employees

Investment Overview

Marcus & Millichap is pleased to present the RockTop Apartments, located in Rock Island, Illinois . The subject property consists of two buildings totaling 39 apartments. 2920 24th Street has 28 units; two studios, 16 one-bedrooms, and ten two-bedrooms. 3000 24th street is made up of 11 units; four one-bedrooms and seven two-bedrooms. Rock Island is Located on the Mississippi River, it is one of the Quad Cities, along with neighboring Moline, and the Iowa cities of Davenport and Bettendorf. Rock Island features the District, which is home to numerous art galleries and theaters and other venues. There are also numerous parks including the botanical center, the marina, historic bike tours and trails, and many festivals throughout the year. The city’s namesake and largest employer is government-owned Rock Island Arsenal, employing approximately 6,000 people. Augustana College and John Deere are also in the immediate area.

Exclusively Listed By

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