BH Equities Acquires Multifamily Property In Naperville, IL For $103M

The multifamily property located at 2604 Rockport Ln in Naperville, IL has been sold for a price of $103,000,000. The transaction took place on 07/01/2021. The property consists of 321 units, resulting in a price per unit of $320,872. The buyer of the property is BH Equities, while the seller is The Connor Group represented by Bob Lloyd.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $103,000,000
• Address: 2604 Rockport Ln
• Market: Naperville, IL
• Units: 321
• Price per Unit: $320,872

The buyer, BH Equities, acquired the property from The Connor Group, represented by Bob Lloyd. This transaction highlights the active real estate market in Naperville, IL, and demonstrates the ongoing demand for multifamily properties in the area.