Beardstown Apartments

Immersed in the vibrant community of Beardstown, IL, the surrounding area offers an ideal blend of urban convenience and local charm for multifamily/low-rise/garden investors. The nearby downtown district features a variety of local businesses, dining options, and essential services, creating a supportive environment for residents. Within close proximity, the serene Art Zeeck Park provides a peaceful retreat and recreational opportunities, complementing the allure of the area. With its active local scene, convenient access to amenities, and a welcoming atmosphere, Beardstown presents an appealing 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.