Log In/Sign Up
Your email has been sent.
Stapleton Townhomes 1136 W 17th St 20 Unit Apartment Building $4,500,000 ($225,000/Unit) 6.33% Cap Rate Bloomington, IN 47404
Investment Highlights
- 95% Pre Leased for 2026-2027 School Year
- $35,000/door in Renovations Completed
- Strong Enrollment & Institutional Momentum
- Premier Walkable Location to IU Athletics and Campus Anchors
- High-Demand 3 and 4 Bedroom Units
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $225,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.45 AC |
| Cap Rate | 6.33% | Building Size | 32,000 SF |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1995 |
| Property Subtype | Apartment | ||
| Zoning | NT | ||
| Price | $4,500,000 |
| Price Per Unit | $225,000 |
| Sale Type | Investment |
| Cap Rate | 6.33% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.45 AC |
| Building Size | 32,000 SF |
| No. Stories | 2 |
| Year Built | 1995 |
| Zoning | NT |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Carpet
- Wheelchair Accessible (Rooms)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3.5 | 15 | $2,000 | 1,600 |
| 4+2.5 | 5 | $2,200 | 1,600 |
1 1
Property Taxes
| Parcel Number | 53-05-29-404-002.000-005 | Total Assessment | $2,143,700 (2024) |
| Land Assessment | $326,300 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,817,400 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
53-05-29-404-002.000-005
Land Assessment
$326,300 (2024)
Improvements Assessment
$1,817,400 (2024)
Total Assessment
$2,143,700 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Stapleton Townhomes | 1136 W 17th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.