Country Place Olney

Immersed in the charming community of Olney, IL, the surrounding area offers an inviting blend of urban convenience and local charm for multifamily/low-rise/garden investors. The downtown district features a variety of local businesses, dining options, and essential services, creating a welcoming environment for residents. Nearby, the scenic Olney City Park provides a peaceful escape and recreational opportunities, further enhancing the appeal of the area for prospective tenants. With its friendly atmosphere, convenient access to amenities, and a serene community feel, Olney presents an attractive opportunity for investors interested in creating a nurturing and vibrant environment for multifamily and low-rise properties.Performance Real Estates Advisors (PREA) is pleased to present the exclusive listing of the Illinois USDA Portfolio (“The Portfolio”). The offering is comprised of 11 communities across Illinois totaling 252 units. Each community ranges from 12 to 40 units and consists of various building types. 8 of the 11 communities have been previously redeveloped using Low Income Housing Tax Credits (LIHTC). An incoming investor can expect to substitute into both the GP and LP positions for all properties. There are immediate or future renovation opportunities utilizing LIHTC or other funding sources.