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Multiple Addresses Rockford, IL

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For Sale
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130-unit apartment portfolio in Rockford, Illinois, with management efficiencies.

Property size:
98,107 SF

Property Features for Multiple Addresses

General Information

Size
98,107 SF

Building Details

Year built
1900

Source: Reid Bennett, CCIM Agent Reid Bennett, CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Rockford Affordable Housing Portfolio

This portfolio presents an opportunity to acquire and preserve affordable housing assets in Rockford, Illinois. The properties, totaling 98,107 square feet, are located in close proximity to one another, potentially creating management efficiencies and immediate scale in an emerging market. The Anchor Housing Portfolio consists of 130 apartments, including 55 HAP Units, and is governed by Section 42 of the IRC Code. The portfolio also includes an office building with 8 suites and a manager's office. Meld Manor is QCP Eligible and located in a QCT.
Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Rockford
County
Winnebago
State
Illinois
Longitude
-89.1515476
Latitude
42.3316674

FAQs

What type of property is this?
Apartment building - 130-unit apartment portfolio in Rockford, Illinois, with management efficiencies.
Where is this apartment building located?
The property is located at Multiple Addresses Rockford, IL.
What are key features of this property?
This property features: - Portfolio of 130 apartment units offers immediate scale.; - Includes 55 HAP (Housing Assistance Payments) units, providing a stable income stream.; - Located in Rockford, IL, an emerging market.
More about this property
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