Share This Listing

Message

954 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Illinois LIHTC Portfolio 3 Multifamily Properties in Multiple Locations

Save this listing!

Favourite this listing to get notified of price updates, new media and more

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
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
Benton Place Senior Apartments
1500 N Franklin Dr, Benton, IL 62812
Multifamily 31,000 SF - -
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 -
Show More > < Show Less
  • Listing ID: 30132787

  • Date on Market: 2023-11-20

  • Last Updated:

  • Address: Illinois LIHTC Portfolio, Flora, IL

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}