Virden Apartments

Set in the friendly community of Virden, IL, the area surrounding the property offers a blend of small-town charm and business opportunities for office and office building investors. The downtown district showcases a variety of local businesses, dining options, and essential services, creating a supportive environment for professionals and employees. Nearby, the scenic Pavey Park provides a peaceful retreat and outdoor recreation options, offering a refreshing escape for employees and residents. With its welcoming atmosphere, local appeal, and convenient access to essential amenities, Virden presents an attractive opportunity for businesses seeking a supportive and collaborative environment for their office space.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.