Property Management Firm Acquires Multifamily In Rock Island County For $2.6M

The multifamily property located at 1215 24th St Pl in Rock Island County, Moline has been sold in a closed transaction. The property consists of 42 units, with a price per unit of $61,905. The total square footage of the property is 38,702, with a price per square foot of $67. The sale price for the property was $2,600,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,600,000
• Units: 42
• Price per Unit: $61,905
• Square Footage: 38,702
• Price per Square Foot: $67

The buyer of the property is a property management firm, represented by Kevin "K-Roc" Rocio from Properties Christie's International Real Estate. On the other hand, the seller's representative in the deal is Scott Harris from Marcus & Millichap.

Note from broker: Kevin "K-Roc" Rocio is a real estate agent who assists local, national, and global buyers of investment real estate in Illinois. He provides VIP service to all his clients, working closely with his lending partner, Jerry Kussy of Liberty Bank for Savings. If you wish to connect with Kevin, you can reach out to him via ovou.me/rocadvisorygroup.