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 Section 8 property. Browse our Section 8 property sales below to read about our successes in the marketplace. If you are ready to sell Section 8 housing, please contact us today and we will be happy to provide you with a no risk, no obligation consultation for your Section 8 property.