$3,300,000
MLS #: 201505354

Description of XX Sandhutton Avenue, ROCKFORD, IL 61108

Walden Woods is a 52-unit condominium project. Thirty of the units were sold to private owners from 2005 to 2008. The remaining 22 units were committed to a leasing program and have been operated as rental units for over six years. The 22 units are being offered in a package as an investment opportunity. Unit exterior and interior finishes built to high-quality condominium standards. The condominium association is well managed and its capital reserve account fully funded. Great current return on investment with an excellent history of high occupancy. Strong employment in the surrounding area. There are 30,650 employees working within a 5-minute drive of the property. Highly visible location. Main entrance on Harrison Avenue, a major east-west corridor on Rockford's south side. Future potential of selling the units at higher prices to individual homeowners as the housing market improves. Broker Interest

Property Features of XX Sandhutton Avenue, ROCKFORD, IL 61108

SCHOOL DISTRICT
Rockford 205
TYPE
5+ Units
Year Built
2010
Annual Taxes
$3,712.70
Features
Elementary school: A C Thompson Elementary
Middle school: Bernard W Flinn Middle
High school: Rockford East High
School district: Rockford 205
Central air
Parking spaces: 2
Units in building(s): 2
Tax year: 2014
Courtesy of: William Charles Realty, Inc.

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©Rockford Area Association of Realtors, Inc. All rights reserved.