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3225 S Walnut Springs Dr - Hazel Briar Court 70 Unit Apartment Building Offered For Sale Bloomington, IN 47401
Investment Highlights
- 6.4% In-Place Cap Rate
- 90's Built & Well-Maintained with Major Cap-ex Already Done
- Consistently High Occupancy
- Mark-to-Market & Value-Add Opportunities
- Rare Non-Student Property in a Mostly Student Market
- Desirable Unit Mix with Large Units Averaging 1,069 SF
Property Facts
| Sale Type | Investment | Average Occupancy | 94% |
| No. Units | 70 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1994 |
| Building Size | 74,840 SF |
| Sale Type | Investment |
| No. Units | 70 |
| Property Type | Multifamily |
| Building Size | 74,840 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1994 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 38 | $1,574 CAD | 996 |
| 2+2 | 24 | $1,608 CAD | 1,096 |
| 3+2.5 | 8 | $1,968 CAD | 1,336 |
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Property Taxes
| Parcel Number | 53-08-16-301-032.000-009 | Improvements Assessment | $2,870,532 CAD |
| Land Assessment | $238,140 CAD | Total Assessment | $3,108,672 CAD |
Property Taxes
Parcel Number
53-08-16-301-032.000-009
Land Assessment
$238,140 CAD
Improvements Assessment
$2,870,532 CAD
Total Assessment
$3,108,672 CAD
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3225 S Walnut Springs Dr - Hazel Briar Court
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