Investment Overview

Marcus & Millichap is pleased to present Beverly Manor Apartments, a 38-unit multifamily property located at 1718–1736 9th Ave in Moline, Illinois. Originally constructed in 1963, the property consists of two-story brick buildings and features a well-balanced unit mix of 12 one-bedroom, 24 two-bedroom, and two three-bedroom units. The apartments are spread across a well-maintained site that supports long-term tenant retention and operational efficiency. The property offers residents a practical mix of amenities, including controlled building access, on-site laundry, additional storage options, and a multi-use common area. Unit interiors include heating, ceiling fans, and private balconies or decks, with a smoke-free environment that enhances tenant comfort. The layout and features of the property continue to appeal to a wide range of renters, from individuals to small families, supporting ongoing demand and occupancy. Beverly Manor Apartments is situated in Moline, one of the core cities within the Quad Cities metro area, which supports a population of over 400,000 residents. Known for its economic diversity and connectivity, the region is home to major employers such as John Deere, Genesis Health System, and UnityPoint Health, with additional strength in logistics, education, and advanced manufacturing. With its accessible location, stable tenant base, and essential property upgrades already in place, Beverly Manor Apartments presents a strong opportunity for investors seeking exposure to a resilient Midwest rental market.