Exceptional Properties Group presents a 36-unit multifamily investment opportunity in Red Oak, Iowa. A majority of the apartments currently participate in USDA rental assistance, offering an established affordable-housing operating model with the potential for continued stabilized ownership. The property also provides longer-term repositioning optionality for an investor seeking to transition toward conventional market-rate housing, subject to applicable USDA requirements and approvals. Situated on approximately 5.43 acres, the community features a low-density, multi-building layout with an on-site clubhouse/laundry facility.