Property Description

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. See the attached flyer for all renovation and update details! 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. This property is primed for a future of 100% occupancy and consistent rental income. Room to increase rents. Space to add more units. Value add opportunity. Investors seeking a secure and profitable addition to their portfolio need look no further than Hilltop Village!

Location
1201
Allen
US
IN
Bloomington
Monroe County
47403
Additional details
Apartment Complex
1/10 mile West of the intersection of West Allen Street and South Patterson Drive, on the South side of the street.
Active
1201 W Allen Street
Active
175
: Other
Monroe County Community School C
Jackson Creek
Bloomington South
Templeton
No
No
53-08-05-300-004.000-009
39
$18,180
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CRM Properties, Inc

Investment

1201 Allen, Bloomington, Indiana 47403

40 Bedrooms
40 Bathrooms
23,310 Sqft
$4,300,000
Listing ID #202332690
Basic Details
Property Type : Investment
Listing Type : For Sale
Listing ID : 202332690
Price : $4,300,000
Bedrooms : 40
Bathrooms : 40
Half Bathrooms : 0
Square Footage : 23,310 Sqft
Year Built : 1985
Lot Area : 2.66 Sqft
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