OAK BROOK, Ill.--(BUSINESS WIRE)--Inland Real Estate Brokerage & Consulting, Inc. (“Inland Brokerage & Consulting” or “the Company”) announced today the Company has been selected by the Chicago Metropolitan Housing Development Corporation (“CMHDC”) to market and sell a portfolio of 85 homes located in south suburban Chicago. The portfolio consists of single-family homes, townhomes and condominiums all located within a five-mile radius of eight suburban communities. The portfolio provides a mix of Section 8 voucher and market rate tenants and boasts an overall current occupancy of 92 percent.
“Many capital improvements have been made to the properties since CMHDC has owned the assets, and the tenants pay their own utilities,” said Paul Rogers, president of Inland Brokerage & Consulting. “This unique investment offering provides a variety of options, such as a cash-flowing, diverse-income source for an investor seeking long-term, stabilized income and appreciation, a 1031 tax-deferred exchange or a potential spin-off.”
Interested buyers can acquire the 85-home portfolio in bulk for an asking price of $3,400,000 ($40,000 per home), or groups of five or more can be purchased. All offers submitted will be evaluated at the discretion of ownership.
For in-depth property information or to submit an offer, please call 630-990-5353 or email firstname.lastname@example.org.
About Inland Real Estate Brokerage & Consulting, Inc.
Inland Real Estate Brokerage & Consulting, Inc. is a boutique brokerage and consulting firm providing real estate services and solutions with sales/leasing, exchanges, appraisal and advisory services for private, public and institutional owners and managers of commercial and investment real estate. For more information, visit www.inlandbrokerage.com.