Listed by Axis 360 Commercial Real Estate Specialists
$1,495,000
10 Property, 24-Unit Multifamily Investment
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,242
Units 24
Cap Rate 9.33%
NOI $139,430
Occupancy 95%
Buildings 10
Multifamily | 9.33% CAP | 24 Units
Marketing description
Listing includes multiple addresses (see package). 10 properties with 24 total units. Properties are nearly 100% occupied, with rents at or slightly below current market rates, providing immediate income with upside potential. With strong occupancy, strategic updates, and professional management in place, this offering has both dependable income and rental growth opportunity. A rare chance to acquire scale, stability, and upside in one consolidated Bloomington multifamily portfolio. Will Divide - Contact Listing Broker for More Info.
Investment highlights
- Successfully Passed All 2025 City of Bloomington Inspections
- Professionally Managed
- Many Recent Updates & Improvements
- Turn-Key, Low-Maintenance Investment
- Maintenance, repair and replacement as needed
Listing Contacts
Listed by Axis 360 Commercial Real Estate Specialists
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$139,430.00
$11,619.17/mo
Valuation Metrics
0
DSCR
9.33%
Cap Rate
9.33%
ROI
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