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LIHTC Multi-Asset Portfolio 2 Multifamily Properties Offered at $1.39 CAD in Benton Harbor, MI



Investment Highlights
- Burned-Off Risk
- Family Housing = Durable Demand
- Scale Premium
- Massive Rent Dislocation
- Multiple Exit Paths
- Past Credit Delivery
Executive Summary
Premier Property Services, on behalf of ownership, is pleased to offer for sale the Midwest USA Acquisitions Portfolio, a five-asset Low-Income Housing Tax Credit (LIHTC) portfolio located across Michigan. The portfolio represents a unique opportunity to acquire institutional-scale affordable housing assets with embedded tax credit upside and multiple strategic exit pathways.
Constructed and placed in service between 2004 and 2009, the assets are currently operating within their extended use compliance periods and benefit from stable occupancy, consistent cash flow, and durable demand fundamentals.
The portfolio generates approximately $1.3 million in net operating income and offers investors the ability to unlock additional value through a portfolio-wide resyndication strategy, including rehabilitation and new tax credit issuance. Based on preliminary analysis, the portfolio may support $6M–$10M in new tax credit equity, significantly enhancing investor returns.
In addition to the resyndication opportunity, the portfolio benefits from long-term optionality, including continued LIHTC operation for yield-focused investors or potential market-rate repositioning over time as regulatory restrictions expire.
This offering represents a compelling opportunity for LIHTC syndicators, institutional investors, banks, and affordable housing platforms seeking scale, stability, and embedded upside in a single transaction.
Constructed and placed in service between 2004 and 2009, the assets are currently operating within their extended use compliance periods and benefit from stable occupancy, consistent cash flow, and durable demand fundamentals.
The portfolio generates approximately $1.3 million in net operating income and offers investors the ability to unlock additional value through a portfolio-wide resyndication strategy, including rehabilitation and new tax credit issuance. Based on preliminary analysis, the portfolio may support $6M–$10M in new tax credit equity, significantly enhancing investor returns.
In addition to the resyndication opportunity, the portfolio benefits from long-term optionality, including continued LIHTC operation for yield-focused investors or potential market-rate repositioning over time as regulatory restrictions expire.
This offering represents a compelling opportunity for LIHTC syndicators, institutional investors, banks, and affordable housing platforms seeking scale, stability, and embedded upside in a single transaction.
Data Room Click Here to Access
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2025) 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 | $99,999 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
Property Facts
| Price | $1.39 CAD | Status | Active |
| Price / SF | $0.00 CAD / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 8% | Total Building Size | 133,800 SF |
| Sale Type | Investment | Total Land Area | 7.34 AC |
| Price | $1.39 CAD |
| Price / SF | $0.00 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 133,800 SF |
| Total Land Area | 7.34 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Thurgood Marshall Homes
1131 Columbus Ave, Benton Harbor, MI 49022 |
Multifamily | 76,800 SF | 1985 | - |
|
Thurgood Marshall Homes
423 Broadway, Benton Harbor, MI 49022 |
Multifamily | 57,000 SF | 1990 | - |
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LIHTC Multi-Asset Portfolio
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