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33311597
33311598

221 ROBINHOOD LN, BLOOMINGTON, IL 61701

CT
IL IL475166842
SVN Core 3
Listed by SVN Core 3
$510,000
3 days on market
Updated 3 days ago

221 Robinhood Lane

Details
APN 1434480010
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,840
Units 6
Cap Rate 8.58%
NOI $43,738
Occupancy 100%
Tenancy Multi
Class B
Year Built 1960
Buildings 1
Stories 2
Acreage 0.190
Zoning R-3A

6-Unit Multifamly Opportunity

Marketing description

Excellent opportunity to acquire a fully leased 6-unit multifamily investment property in a desirable Bloomington location. Conveniently situated just off Route 9/Empire, the property provides tenants with easy access to shopping, dining, employment centers, and everyday amenities. This well-maintained asset offers stable occupancy and strong income potential, making it an attractive addition to any investment portfolio. Tenant amenities include on-site laundry facilities and garage parking for select units. Utilities are included in the rent, with tenants contributing utility reimbursements to help offset operating expenses. The property is currently professionally managed, providing a streamlined ownership experience. Whether you're looking to expand your portfolio or acquire a turnkey multifamily investment, this property presents an excellent opportunity in one of Bloomington's established rental markets.

Investment highlights

Fully leased 6-unit investment property

On-site laundry and garage parking for select units

Listing Contacts

CT
IL IL475166842
SVN Core 3
Listed by SVN Core 3

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$43,738.00
$3,644.83/mo

Valuation Metrics

0
DSCR
8.58%
Cap Rate
8.58%
ROI

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Additional Information

Name
Carrie Tinucci-Troll
License
IL475166842
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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