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Investment Highlights

  • Great location on city bus route
  • Buy direct/ owner financing. NO REALTOR FEES OR COMMISSIONS!
  • Lo Maintenance buildings , concrete driveways, all units individually metered

Executive Summary

Fantastic opportunity builder- owner, retiring, No mortgage. Property is free and clear. OWNER FINANCING WITH BELOW MARKET INTEREST RATE with a reasonable down payment

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $887,572 $13.70
Other Income - -
Vacancy Loss - -
Effective Gross Income $887,572 $13.70
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $887,572
Annual Per SF $13.70
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $887,572
Annual Per SF $13.70
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $11,163,136 CAD
Price Per Unit $206,725 CAD
Sale Type Investment
Sale Condition Bulk/Portfolio Sale
No. Units 54
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.88 AC
Building Size 64,800 SF
Average Occupancy 94%
No. Stories 2
Year Built 2008
Zoning Apts

Amenities

Unit Amenities

  • Dishwasher
  • Disposal
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Bay Window
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Vaulted Ceiling
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Yard
  • Breakfast Nook
  • Deck
  • Double Pane Windows
  • Family Room
  • Instant Hot Water
  • Lawn
  • Skylights
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 54 - -
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
53-05-35-400-010.000-005
Land Assessment
$1,389,023 CAD (2025)
Improvements Assessment
$7,256,997 CAD (2025)
Total Assessment
$8,646,020 CAD (2025)
  • Listing ID: 36113948

  • Date on Market: 2025-06-04

  • Last Updated:

  • Address: 3800 E McCracken Way, Bloomington, IN 47408

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