Pheasant Ridge / Hunter Apartments represents a rare opportunity to acquire a fully stabilized, 176-unit affordable housing asset in the thriving southwest Chicago suburb of Orland Hills. This community is 100% occupied and operates under HAP and LIHTC programs, delivering predictable cash flow and long-term income security. Recent capital improvements, including comprehensive weatherization upgrades, new attic and wall insulation, furnace replacements, and LED lighting enhancements, underscore the property’s commitment to efficiency and resident comfort. Additional investments such as roof replacements, a new perimeter fence, and upgraded exterior security cameras further enhance operational reliability. Strategically positioned in a desirable suburban market, the property benefits from strong local demographics and proximity to major employment centers, retail corridors, and transportation routes. With a proven track record of high occupancy and a dedicated on-site manager fostering community stability, Pheasant Ridge / Hunter offers investors a turnkey acquisition with significant upside potential through continued operational excellence and favorable financing structures.