1201 Allen, Bloomington, IN 47403 - Myers Trust

1201 Allen, Bloomington, IN 47403

Overview

MLS ID: #202433943
Price: $ 4,300,000
Sq Ft: 9,287
Office SqFt: 2,331
Lot Size: 2.66 Acres
Year Built: 1985
Zoning:
Taxes: $ 33,314
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Welcome to Hilltop Village, a charming 40-unit apartment complex nestled on 2.66 acres in an attractive location! This exceptional property comprises nine separate ranch-style buildings, providing 39 one-bedroom units that have been meticulously remodeled to offer modern comforts and style within the past two years. The remaining unit has two separate entrances and serves as an office on one side, while the other side has been transformed into a common area laundry facility for the tenant’s convenience. The office has the potential to be easily converted into an efficiency unit, further expanding the income-generating possibilities for the new owner. In an area with high rental demand, this complex offers a serene and convenient housing option that has proven itself when it comes to attracting renters.

MLS ID: 202433943

Details

Planned Unit Dev No
Auction No
New Construction No
Number of Buildings 9
Building 1
Bldg 1 Above Ground SF 2,331
Bldg 1 Below Ground SF 0
Bldg 1 Stories 1
Bldg 1 Finished Office SF 0
Building 2
Bldg 2 Above Ground SF 4,625
Bldg 2Below Ground SF 0
Bldg 2Stories 1
Building 3
Bldg 3 Above Ground SF 2,331
Bldg 3 Below Ground SF 0
Bldg 3 Stories 1
Lot Dimensions 468x276
Approx Lot Size SqFt 115,870
Approx Lot Size Acres 3
Ceiling Height 8
Road Access City
Parking Yes
Parking Lot, Paved, Private
Parking Type Lot, Paved, Private
Total Restrooms 40
Interior Height 8
Ingress/Egress Combo
Water Front No
Currently Leased Yes
Lease Term Remaining 1 year
Sprinkler System No
Signs Yes
Sign Type Street Sign Pole/Sign
Fire Doors No
Enterprise Zone No
Sale Includes: Building, Land, Lease
Heating/Fuel Electric, Wall Heater
Cooling Wall AC
Exterior Stone
Roof Material Asphalt, Shingle, Dimensional Shingles
Interior Walls Block, Drywall
Flooring Vinyl
Water Utility Public
Sewer Public
Special Features Other
Annual Taxes $33,313.76

Map

Listing Office: CRM Properties, Inc

Listing Agent: Audra Cannon

Disclaimer:

Property information is provided by the Indiana Regional MLS. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.