Illinois LIHTC Portfolio
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Illinois LIHTC Portfolio
3 Multifamily Properties in Multiple Locations
Investment Highlights
- Three LIHTC communities located in central/south Illinois
- Current rents across portfolio are below both market and max LIHTC rents
- Appealing price per unit and residual value on the portfolio
- Mix of senior and family designated communities, well maintained and well-occupied
- Attractive assumable debt in place
Executive Summary
Nearly 100% Occupied - Can be sold together or separately
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 130,700 SF |
| Number of Properties | 3 | Total Land Area | 20.69 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 130,700 SF |
| Total Land Area | 20.69 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Village Green Apartments
811 Meadowview Dr, Flora, IL 62839 |
Multifamily | 35,700 SF | - | - |
|
Shelbyville Apartments
211 Meadow View Ct, Shelbyville, IL 62565 |
Multifamily | 64,000 SF | 2000 | - |
|
Benton Place Senior Apartments
1500 N Franklin Dr, Benton, IL 62812 |
Multifamily | 31,000 SF | - | - |
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Illinois LIHTC Portfolio
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