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Illinois LIHTC Portfolio

5 Residential Properties in Multiple Locations

Investment Highlights

  • Six 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

At market NOI: $205K
At market GPR: $522K
100% Occupied

Taxes & Operating Expenses (Pro forma - 2023) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes -
Operating Expenses -
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro forma - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual $99,999
Vacancy Loss
Annual $99,999
Effective Gross Income
Annual $99,999
Taxes
Annual -
Operating Expenses
Annual -
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Sale Type Investment
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 255,353 SF
Total Land Area 37.64 AC
  • Listing ID: 30132787

  • Date on Market: 20/11/2023

  • Last Updated:

  • Address: Illinois LIHTC Portfolio, Ottawa, IL

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