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217 W 6th St
Bloomington, IN 47404
Alleyworks · Multifamily Property For Sale
·
33 Units
EXECUTIVE SUMMARY
To download the offering materials, including the detailed financials, register here: https://my.rcm1.com/buyer/slp?pv=2o-a2aDCyzrDGmxVX3azk9Fnp_HKZRGQzs69JCRnjZ8
NOTES:
* The building needs a new roof. An estimate has been secured for $327,000.
* The building is owned by an estate.
* The 4th floor commercial space and the penthouse are not leased but anticipated to lease for +/- $5,000/month/each
* 13 of the 33 units are furnished
NOTES:
* The building needs a new roof. An estimate has been secured for $327,000.
* The building is owned by an estate.
* The 4th floor commercial space and the penthouse are not leased but anticipated to lease for +/- $5,000/month/each
* 13 of the 33 units are furnished
PROPERTY FACTS
| Price Per Unit | $204,545 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.30 AC |
| No. Units | 33 | Building Size | 42,302 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2019 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | MD-CS | ||
| Price Per Unit | $204,545 |
| Sale Type | Investment |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 42,302 SF |
| No. Stories | 4 |
| Year Built | 2019 |
| Opportunity Zone |
Yes |
| Zoning | MD-CS |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Kitchen
- Sprinkler System
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Recycling
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 18 | $1,600 | 700 |
| 1+1 | 5 | $1,300 | 690 |
| Studios | 3 | $1,325 | 525 |
| 2+2 | 5 | $2,025 | 900 - 1,094 |
| 4+4 | 1 | $5,000 | 2,360 |
PROPERTY TAXES
| Parcel Number | 53-05-33-310-331.000-005 | Improvements Assessment | $3,870,600 |
| Land Assessment | $576,200 | Total Assessment | $4,446,800 |
PROPERTY TAXES
Parcel Number
53-05-33-310-331.000-005
Land Assessment
$576,200
Improvements Assessment
$3,870,600
Total Assessment
$4,446,800
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