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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). Owners prefer to sell the entire portfolio. 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. Full offering memorandum available on request. Seller is a trust and will convey by trustee's deed. Offers will be documented ...on Seller's form purchase agreement, available from the listing broker. Seller will provide a Trustee's Statement Regarding Condition of Property and the federal lead-based paint disclosure (all six buildings are pre-1978). The sale is exempt from the Illinois Residential Real Property Disclosure Act Please do not contact tenants, all showings through the listing agent.
Data Source: MRED Midwest Real Estate Data
MLS#: 12799762
Data Source Copyright: © 2026 MRED Midwest Real Estate Data All rights reserved.
This property was listed on 11/11/2026 and last updated as of 11/12/2026 1:59:04 PM. OSI IDX updated the data from MRED Midwest Real Estate Data on 11/15/2026 at 4:53 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.