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Stapleton Townhomes 1136 W 17th St 20 Unit Apartment Building $6,143,130 CAD ($307,156 CAD/Unit) 6.33% Cap Rate Bloomington, IN 47404

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Investment Highlights

  • 95% Pre Leased for 2026-2027 School Year
  • $35,000/door in Renovations Completed
  • Strong Enrollment & Institutional Momentum
  • Premier Walkable Location to IU Athletics and Campus Anchors
  • High-Demand 3 and 4 Bedroom Units

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $6,143,130 CAD
Price Per Unit $307,156 CAD
Sale Type Investment
Cap Rate 6.33%
No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.45 AC
Building Size 32,000 SF
No. Stories 2
Year Built 1995
Zoning NT

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Carpet
  • Wheelchair Accessible (Rooms)

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3.5 15 $2,730 CAD 1,600
4+2.5 5 $3,003 CAD 1,600

Property Taxes

Property Taxes

Parcel Number
53-05-29-404-002.000-005
Land Assessment
$446,636 CAD
Improvements Assessment
$3,046,242 CAD
Total Assessment
$3,492,878 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 39494482

  • Date on Market: 2026-02-19

  • Last Updated:

  • Address: 1136 W 17th St, Bloomington, IN 47404

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