This Decatur residential portfolio presents a rare opportunity to acquire a diversified package of 12 rental properties strategically positioned across a proven Central Illinois market. Comprising ten single-family homes, one duplex, and one tri-plex, the portfolio offers a total of 15 units catering to a range of tenant needs. With strong rental demand driven by major employers such as ADM, Caterpillar, and leading healthcare providers, investors can expect stable occupancy and reliable cash flow.
The offering delivers an estimated cap rate of 12.41% and a proforma NOI of $71,339, making it an attractive option for those seeking immediate income and long-term growth potential. Decatur’s connectivity via I-72 enhances accessibility to regional hubs, while its affordable housing and robust workforce base ensure sustained demand. This portfolio is well-suited for investors looking to scale their holdings in a market characterized by economic stability and opportunity for rental rate growth.