In April of 2019, AHIB closed on the a senior section 8 sale in western Illinois. Civic Plaza is a 63 unit property with a full HAP contract, designated for independent senior living and located in Rock Falls, Illinois. After a marketing effort producing multiple offers, the owner chose to sell to a Chicago-based buyer who was using funds from a 1031 exchange. Furthermore, the buyer has ample experience working with both HUD and AHIB to give confidence [...]
Affordable Housing Brokerage is your one stop for selling your HAP Contract property. Browse our HAP Contract property sales below to read about our successes in the marketplace. If you are ready to sell HAP Contract housing, please contact us today and we will be happy to provide you with a no risk, no obligation consultation for your HAP Contract property.