12 Unit Investment 8 biens | À vendre | 1 200 832 € | Rockford, IL

Seize the rare chance to acquire a stabilized, income-producing 12-unit multi-family portfolio strategically located across the city. This package features a mix of unit styles and property types, offering both immediate rental income and long-term appreciation potential. Each property is fully leased, with strong rental demand in established neighborhoods. The portfolio are units in the Project-Based Voucher Program, providing guaranteed rental income backed by housing authority contracts -- ideal for investors seeking stability and reduced vacancy risk for 15 years.
Highlights:
12 Total Units - Sold together as one portfolio package = 8 buildings
Strong Occupancy streams. The buildings have the voucher, versus the tenants
Diverse Locations - Properties situated across multiple high-demand city neighborhoods
Upside Potential - Opportunity for rent growth, value-add upgrades, or future repositioning
Financials:
Detailed rent rolls and expense reports available. Please contact broker.
Excellent hedge against market volatility with guaranteed government-backed rents
This is a rare portfolio acquisition opportunity offering both security and growth. Whether you're a seasoned investor or expanding your holdings, this package delivers a balanced mix of stability, income, and long-term potential.
Property Addresses and PINs are below:
3112 Guilford Rd (12-19-210-002)
1324 Evelyn St (11-14-327-013)
4230 O'Connell St (16-05-326-005)
1031 Emerson Dr (12-29-351-014)
2023 Ridge Ave (11-14-129-004)
716 Hawthorne Ave (12-30-428-003)
1911 Carney Ave (11-14-132-004)
4151 Eastridge Dr. (12-20-377-009)
PBV Benefits for Property Owners
Guaranteed Rent Payments: Portion of rent is paid directly by the housing authority every month, reducing financial risk.
Reduced Vacancy Risk: RHAs maintain a waiting list of eligible tenants.
Voucher stays with the house, not the tenant.
Long-Term Income Security: Currently has 14 years remaining. It's an extension of a completed 10-year contract.
Reputation and Compliance: PBVs are often associated with well-maintained properties.
EM held by Gambino.
Must have Prequal or proof of funds.
These units are fully occupied properties and sold as a package.
Need more than 24-hours notice to show.