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Cumberland House 2365 Tech Dr Immeuble residentiel 32 lots 2 236 890 € (69 903 €/Lot) Taux de capitalisation 7,34 % Bettendorf, IA 52722
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 1999 Built
- Cumberland House recently transitioned from LIHTC/Senior to Market-Rate - no further restrictions apply
- New residents are billed back a $50/month utility fee
- Management is leasing vacant one-bedroom units for $795 plus a $50 utility fee and two-bedroom units for $895 plus a $50 utility fee
RÉSUMÉ ANALYTIQUE
CBRE is pleased to offer for sale Cumberland House, a 32-unit multifamily community located in Bettendorf, Iowa. Cumberland House offers a new investor a unique opportunity to acquire a property that recently transitioned from LIHTC/Senior to Market-Rate - no further restrictions apply. Management is leasing vacant one-bedroom units for $795 plus a $50 utility fee and two-bedroom units for $895 plus a $50 utility fee.
Built in 1999, the property features a mix of 25 one bedrooms and 7 two bedrooms. The elevator served building has common area laundry, a large community room with a full kitchen, and an on-site leasing office.
Cumberland House is well located in Bettendorf near an abundance of retail, across the street from the Bettendorf Public Library, and is situated directly between the Bettendorf Middle School and High School. The property is surrounded by strong demographics, including an average median income over $107,600 and average home value over $358,600 within a 3 mile radius.
CLICK HERE for more information: https://www.cbredealflow.com/buyer/agreement?pv=ZHmYHBG475miv_S3AuEksUKnrJrhcZFFsVdfExVR8FZQJxwVAlNdR0F0BxsLsDqB
Address: 2365 Tech Drive, Bettendorf, IA 52722
Year Built: 1999
No. of Units: 32
Unit Mix: 25 - 1BR/1BA; 7 - 2BR/1BA
Parcel Size: 1.00 acre
Construction: Wood frame
Exterior Materials: Vinyl siding (new in 2025)
Windows: Vinyl
Heating: Boiler
Cooling: Sleeve A/C units
Utilities: Resident pays electric within their unit. Owner pays gas (heat), water, sewer, trash, and common area electric. New residents are billed back a $50/month utility fee.
Parking: Surface
Building Amenities: Elevator, community room with full kitchen, on-site leasing office, on-site beauty shop, and large community deck
Cumberland House recently transitioned from LIHTC/Senior to Market-Rate - no further restrictions apply
Management is leasing vacant one-bedroom units for $795 plus a $50 utility fee and two-bedroom units for $895 plus a $50 utility fee
Built in 1999, the property features a mix of 25 one bedrooms and 7 two bedrooms. The elevator served building has common area laundry, a large community room with a full kitchen, and an on-site leasing office.
Cumberland House is well located in Bettendorf near an abundance of retail, across the street from the Bettendorf Public Library, and is situated directly between the Bettendorf Middle School and High School. The property is surrounded by strong demographics, including an average median income over $107,600 and average home value over $358,600 within a 3 mile radius.
CLICK HERE for more information: https://www.cbredealflow.com/buyer/agreement?pv=ZHmYHBG475miv_S3AuEksUKnrJrhcZFFsVdfExVR8FZQJxwVAlNdR0F0BxsLsDqB
Address: 2365 Tech Drive, Bettendorf, IA 52722
Year Built: 1999
No. of Units: 32
Unit Mix: 25 - 1BR/1BA; 7 - 2BR/1BA
Parcel Size: 1.00 acre
Construction: Wood frame
Exterior Materials: Vinyl siding (new in 2025)
Windows: Vinyl
Heating: Boiler
Cooling: Sleeve A/C units
Utilities: Resident pays electric within their unit. Owner pays gas (heat), water, sewer, trash, and common area electric. New residents are billed back a $50/month utility fee.
Parking: Surface
Building Amenities: Elevator, community room with full kitchen, on-site leasing office, on-site beauty shop, and large community deck
Cumberland House recently transitioned from LIHTC/Senior to Market-Rate - no further restrictions apply
Management is leasing vacant one-bedroom units for $795 plus a $50 utility fee and two-bedroom units for $895 plus a $50 utility fee
INFORMATIONS SUR L’IMMEUBLE
| Prix | 2 236 890 € | Style d’appartement | De faible hauteur |
| Prix par lot | 69 903 € | Classe d’immeuble | B |
| Type de vente | Investissement | Surface du lot | 0,4 ha |
| Taux de capitalisation | 7,34 % | Surface de l’immeuble | 2 669 m² |
| Nb de lots | 32 | Occupation moyenne | 100% |
| Type de bien | Immeuble residentiel | Nb d’étages | 3 |
| Sous-type de bien | Appartement | Année de construction | 1999 |
| Prix | 2 236 890 € |
| Prix par lot | 69 903 € |
| Type de vente | Investissement |
| Taux de capitalisation | 7,34 % |
| Nb de lots | 32 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | B |
| Surface du lot | 0,4 ha |
| Surface de l’immeuble | 2 669 m² |
| Occupation moyenne | 100% |
| Nb d’étages | 3 |
| Année de construction | 1999 |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
- Balcon
- Lave-vaisselle
- Broyeur d’ordures
- Réfrigérateur
- Cuisinière
- Accessible aux fauteuils roulants (chambres)
CARACTÉRISTIQUES DU SITE
- Accès contrôlé
- Club-house
- Laverie
- Property Manager sur place
- Service de blanchisserie
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| 1+1 | 25 | - | 49 - 60 |
| 2+1 | 7 | - | 71 - 76 |
1 1
Walk Score®
Très praticable à pied (71)
TAXES FONCIÈRES
| Numéro de parcelle | 842105602 | Évaluation des aménagements | 1 604 354 € |
| Évaluation du terrain | 149 643 € | Évaluation totale | 1 753 998 € |
TAXES FONCIÈRES
Numéro de parcelle
842105602
Évaluation du terrain
149 643 €
Évaluation des aménagements
1 604 354 €
Évaluation totale
1 753 998 €
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Cumberland House | 2365 Tech Dr
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