Amphitheater Drive Property Group 

$
Rockford, IL
Multifamily
1997 and 1999
Vintage
SF
24
Units
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About the property

TrueRate contacted the sellers to notify them that their property had increased in value substantially from the $1,480,500 they purchased it for in March 2020 to $2,400,000 in March 2023. The sellers hired TrueRate exclusively to market the property for this number. TrueRate then produced multiple offers in writing, which yielded a contract that contained a day one hard money deposit at the exact asking price of $2,400,000. This marked an all-time high price per unit sales record in the Rockford submarket.

Property Information
Units:
24
Year Built:
Square Feed:
Occupancy:
Year Renovation:
Acres:
Investment Highlights
       
Contact the Team
Samuel R. Finkler
Senior Vice President, Investment Sales
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Michael Walsh
Transaction Coordinator, Investment Sales
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