8450 Old State Road 37, Bloomington, IN 47403
Overview
| MLS ID: | #201903777 |
|---|---|
| Price: | $ 1,100,000 |
| Lot Size: | 10.92 Acres |
| Year Built: | 1970 |
| Bedrooms: | 24 |
| Bathrooms: | 17 |
| Taxes: | $ 3,000 |
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! Don’t miss this great investment!!
MLS ID: 201903777
Details
| # of Units | 9 |
|---|---|
| Price Per Unit | 122,222.220 |
| Above Grade Finished SF | 0 |
| Above Grade Unfinished SF | 2 |
| Combined Finished SF | 0 |
| Below Grade Finished SF | 0 |
| Below Grade Unfinished SF | 0 |
| Total Below Grade SF | 0 |
| Total Sq Ft | 0 |
| Lot Dimensions | Irregular |
| Approx Lot Size SqFt | 475,806 |
| Approx Lot Size Acres | 10.9230 |
| Garage SF | 1,800 |
|---|---|
| Garage # of Cars | 2 |
| # of Fireplaces | 5 |
| Water Front | No |
|---|
| Style | Other |
|---|---|
| New Construction | No |
| Elementary School | Lakeview |
|---|---|
| Middle School | Batchelor |
| Senior | Bloomington South |
| District | Monroe County Community School C |
| # Bedrooms | 24 |
|---|---|
| # of Full Baths | 17 |
| # of Half Baths | 0 |
| # Above Grade Bedrooms | 8 |
| Dining Room | 1 x 1550 |
| Kitchen | 925 x 975 |
| Family Room | 995 x 925 |
| Bedroom 5 | 9 x 9 |
| Laundry Room | 9 x |
| Other Room 2 | 3 x 9375 |
| Other Room 3 | 3 x |
| Annual Gross Rent Income | $112,500.00 |
|---|---|
| Annual Sewer Expense | $1,800.00 |
| Annual Fuel Expense | $0.00 |
| Annual Electric Expense | $600.00 |
| Annual Trash Expense | $1,560.00 |
| Annual Property Tax | $4,206.00 |
Listing Office: RE/MAX Acclaimed Properties
Listing Agent: Andy Walker
Disclaimer:
Mortgage
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