3312 Sablewood Drive

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3312 Sablewood Drive

Rockford, IL 61101
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The asset is a multifamily apartment building in Rockford, Illinois.
  • Property is located at the address 3312 Sablewood Drive.
  • Asset sits within the 61101 zip code area of Rockford.
  • This residential investment property is currently listed for sale.
  • Rockford serves as a primary industrial and logistics hub.

What's Special

3312 Sablewood Drive is a multifamily apartment building situated in Rockford, Illinois. This residential asset provides a foundational investment in a regional manufacturing and logistics hub, benefiting from the city’s established infrastructure and proximity to major interstate corridors in northern Illinois. The property serves as a stable residential option for the local workforce, appealing to tenants seeking proximity to regional employment centers and services. Investors looking to expand their portfolio within the Rockford market will find this building suited for long-term rental income strategies. The multifamily sector in this area remains a critical component of the local housing market, balancing demand from a diverse demographic of residents. Owners can leverage the site's positioning to attract consistent occupancy in a market characterized by steady economic activity and ongoing community development.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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