1300 Lincoln, Bloomington, IN 47408 - Myers Trust

1300 Lincoln, Bloomington, IN 47408

Overview

MLS ID: #202403499
Price: $ 5,900,000
Sq Ft: 16,632
Office SqFt: 16,632
Lot Size: 0.21 Acres
Year Built: 2022
Zoning:
Taxes: $ 51,200
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This apartment building hosts 16 units, 16 parking spaces, 24 bedrooms, 24 baths. Property located in highest density zoning for rentals in town. Gross income is $358,808 annually for 24/25 leases. Property built in 2022 and incudes all window coverings and appliances not belonging to tenants. Sale subject to tenants rights. Excellent location near IU sports stadium’s, shopping and restaurants. Appraised for $6.5 Million 2022. Asking $5.9 million.

MLS ID: 202403499

Details

Planned Unit Dev No
Auction No
New Construction Yes
Number of Buildings 1
Building 1
Bldg 1 Above Ground SF 16,632
Bldg 1 Below Ground SF 1,000
Bldg 1 Stories 5
Bldg 1 Finished Office SF 0
Lot Dimensions 0
Approx Lot Size SqFt 9,148
Approx Lot Size Acres 0
Ceiling Height 10
Road Access City
Parking No
Parking Off-Street, Other
Total Restrooms 24
Interior Height 10
Column Spacing 12
Ingress/Egress Asphalt
Water Front No
Currently Leased Yes
Lease Term Remaining August 2024
Sprinkler System Yes
Signs Yes
Sign Type Attached Building Signs
Fire Doors Yes
Enterprise Zone No
Sale Includes: Building
Heating/Fuel Forced Air
Cooling Central Air
Exterior Brick, Stone
Roof Material Rubber
Interior Walls Drywall
Flooring Carpet, Concrete, Vinyl Tile, Other
Water Utility City
Sewer City
Special Features Basement, Cable
Annual Taxes $51,200.00

Map

Listing Office: Jason Millican Group

Listing Agent: Jason Millican

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.