Country Place Vandalia

Situated in the vibrant community of Vandalia, IL, the surrounding area offers an ideal blend of small-town charm and convenience for multifamily/low-rise/garden investors. The downtown district features a variety of local businesses and dining options, creating a welcoming environment for residents. Nearby, the picturesque Vandalia Lake provides a tranquil escape and recreational opportunities, enhancing the desirability of the area. With its friendly atmosphere, convenient access to amenities, and a close-knit community feel, Vandalia presents an attractive opportunity for investors seeking 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.