8450 S Old State Road 37

    Bloomington, IN 47403
    • $1,100,000
    • STATUS: Active
    • ON SITE: 165 days
    • MLS #: 21617573
    UPDATED: 57 min ago
    $1,100,000
    • 0
      BEDS
    • 10.92
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Manufactured Home
    Built:
    1970
    County:

    School Ratings & Info

    School District:

    Description

    A fantastic investment opportunity is found in this 9 unit Mobile Home Park on 12 acres off Old St Rd 37 just South of Bloomington! Included are 8 3bd/2ba mobile homes and a 5bd/2ba 2,000 sqft ranch over a basement-a total rental revenue of over $110,000 per yr.! All units have been rebuilt and are in excellent shape. New septic system in place. 90% of the units have a direct deposit for rents and have at least 1 yr leases -with a waiting list! Dont miss this great investment!!

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    © 2019 Metropolitan Indianapolis Board of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Keller Williams Metro.
    www.arhausgroup.com/homes/91583295

    8450 S Old State Road 37 Bloomington, IN 47403

    • Price: $1,100,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 21617573
    0
    Beds
    0
    Baths
    0
    ½ Baths
    10.92
    Acres
    1970
    Built
    Neighborhood:
    No Subdivision
    County:
    Monroe
    Area:
    5310 - Monroe - Clear Creek
    School District:
    Monroe County Community
    Property Description
    A fantastic investment opportunity is found in this 9 unit Mobile Home Park on 12 acres off Old St Rd 37 just South of Bloomington! Included are 8 3bd/2ba mobile homes and a 5bd/2ba 2,000 sqft ranch over a basement-a total rental revenue of over $110,000 per yr.! All units have been rebuilt and are in excellent shape. New septic system in place. 90% of the units have a direct deposit for rents and have at least 1 yr leases -with a waiting list! Dont miss this great investment!!
    Exterior Features

    Architectural Style ManufactModular Exterior Other Lot Information IrregularWooded Lot Size 475806 Unit Parking Other

    Interior Features

    Baths Total 0.00 Building Information Other Building Levels One Laundry Other Rooms Total 0 Square Foot Main Upper 0

    Property Features

    Building Utilities Septic System Contingency Act With No Contingency Conversion No Direct Soliciting No Disclosures Not Applicable Expenses 11166 Gross Operating Income 112500 Inspection Warranties Not Applicable New Construction No Operating Expense InsurancePropTaxesUtilities Other Disclosures Not Applicable Possession Negotiable Property Sub Type 5+Units Commercial Semi Annual Property Tax Amount 2103 Tax Exemption None Tenant Pays Trash Pick UpOther Township Clear Creek Transaction Type Sale Unit Count 9

    Listing provided courtesy of Re/Max Acclaimed Properties. © 2019 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


    © 2019 Metropolitan Indianapolis Board of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Keller Williams Metro.
     
    Keller Williams Metro
    8555 N. River Road Suite 200
    Indianapolis IN, 46240