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Marcus & Millichap Brokers Sell Rockford Hotel For $1.72M

7712 Potawatomi Trail
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This Hotel property located in IL was sold for $1,720,000 over 2 years ago. The brokers of the deal were Michael Klar, Ebrahim Valliani, Christopher (Chris) Gomes, and Allan Miller

The hotel located at 7712 Potawatomi Trail in Rockford, IL has been sold for $1,720,000. The property consists of 131 keys and has a price per key of $13,130.

Summary of transaction details:

The deal was facilitated by brokers Ebrahim Valliani, Michael Klar, Allan Miller, and Chris Gomes from Marcus & Millichap. They represented the parties involved in the transaction, ensuring a successful sale of the hotel.

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Deals
  • Location
    7712 Potawatomi Trail, Rockford, IL 61107, USA7712 Potawatomi Trail, Rockford, IL 61107, USA
  • Sale Price
    $1,720,000$1,720,000
    $39 PPSF$39 PPSF
  • Area
    44,146 SF44,146 SF
  • Asset Type
    HotelHotel
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Michael Klar

Michael Klar

Deals3
Sold$23.4M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Chris Gomes, Michael Klar, Ebrahim Valliani & Allan Miller DATE: 09/13/2021 ADDRESS: 7712 Potawatomi Trail MARKET: Rockford, IL ASSET TYPE: Hotel BROKERS: Ebrahim Valliani, Michael Klar, Allan Miller & Chris Gomes - Marcus & Millichap SALE PRICE: $1,720,000 KEYS: 131 ~ PPK: $13,130

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7712 Potawatomi Trail

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