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1616 S Henderson St
Bloomington, IN 47401

Regency Court · Multifamily Property For Sale · 125 Units

PROPERTY FACTS

No. Units 125
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class A
Lot Size 6.39 AC
Building Size 188,602 SF
Average Occupancy 99%
No. Stories 3
Year Built 1997
Parking Ratio 1.72/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • High Speed Internet Access
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • 24 Hour Access
  • Property Manager on Site
  • Recycling
  • Maintenance on site
  • Online Services

ABOUT 1616 S HENDERSON ST , BLOOMINGTON, IN 47401

Regency Court is a 125 unit community, located at 1616 S Henderson Street in Bloomington, Indiana. The property is located just east of Walnut Street, a high traffic north/south thoroughfare running directly through Downtown Bloomington. The city bus, Route 7, stops at the Regency Court entrance and conveniently takes residents north (to downtown and the Indiana University Campus) or south (to the Walnut Street Shopping Centers). The community is also walking distance from Bloomington South High School and Templeton Elementary School. Regency Court is made up of 36 one bedroom apartments, 14 two bedroom townhomes, 30 three bedroom townhomes, and 28 four bedroom townhomes. Also, there are 4 duplexes, 1 two bedroom house, 1 three bedroom house, and 7 five bedroom homes. All units have washers and dryers. The 36 one bedroom apartments are located in two buildings. All have a washer and dryer within the unit and a private back patio/deck area. There is parking in front of both buildings and each apartment has a private entrance. The two, three, and four bedroom townhomes are located in ten buildings. The three and four bedroom townhomes are three stories and have large bedrooms. The townhomes are set up to be very roommate friendly - almost all bedrooms have private bathrooms. The 4 duplexes are each split into a one bedroom unit and two bedroom unit. The Regency Court leasing office is located in the same building as the three bedroom house. All the single-family houses have off street parking. The 7 five bedroom houses all have a two car garage, washer and dryer, and two refrigerators. The bedrooms are on the second story of the homes and each has a private bathroom. There is also 1.02 acres of undeveloped land included in the sale. It is zoned RM Residential Multifamily.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 40 $735.00 646 - 648
2+1 1 $750.00 846
2+2 18 $1,005 946 - 1,100
3+2 1 $1,460 1,710
3+4 30 $1,385 2,015
4+4 28 $1,575 2,250
5+5 7 $2,195 2,500

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
53-08-09-200-052.000-009
Land Assessment
$450,100
Improvements Assessment
$7,432,500
Total Assessment
$7,882,600

ZONING

Zoning Code R (Residential)
R (Residential)
  • Listing ID: 13203772

  • Date on Market: 7/18/2018

  • Last Updated:

  • Address: 1616 S Henderson St, Bloomington, IN 47401

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