Wild Flower Bend

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Wild Flower Bend

Rockford, IL 61108
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

<p></p><ul><li>​PIN: 1227352012</li><li>​Approved Planned Unit Development (PUD)</li><li>​City of Rockford approval already obtained</li><li>​Approved for <strong>12 duplex buildings</strong></li><li>​<strong>24 total residential units</strong></li><li>​All units designed as <strong>3-bedroom, 2-bathroom residences</strong></li><li>​Architectural site plans available</li><li>​Reduced entitlement and zoning risk</li><li>​Strong demand for family-oriented housing</li><li>​Convenient access to scho

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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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