Senior World is a 20-unit affordable housing community offering investors stable, government-backed cash flow through a long-term Project-Based Section 8 (HUD) Housing Assistance Payments (HAP) contract with approximately 12 years remaining. Built in 1983, the property features an efficient unit mix of twenty one-bedroom, one-bathroom apartments averaging approximately 566 square feet, providing an easy-to-manage asset with predictable revenue, historically high occupancy, and reliable collections supported by 100% project-based rental assistance. Ideally located on the east side of Evansville, Senior World offers convenient access to Interstate 69, major retail corridors, healthcare providers including Deaconess Health System and Ascension St. Vincent Evansville, and a diverse employment base anchored by employers such as Toyota Motor Manufacturing Indiana, Berry Global, and the University of Evansville. As the economic center of the Tri-State region, Evansville continues to benefit from strong demand for affordable housing, while the property presents an opportunity for operational efficiencies through strategic expense management under new ownership, supported by resilient occupancy and long-term affordable housing fundamentals. In Association with Scott Reid & ParaSell, Inc. | A Licensed Indiana Broker #RC51900187