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Investment Highlights

  • 6.4% In-Place Cap Rate
  • 90's Built & Well-Maintained with Major Cap-ex Already Done
  • Consistently High Occupancy
  • Mark-to-Market & Value-Add Opportunities
  • Rare Non-Student Property in a Mostly Student Market
  • Desirable Unit Mix with Large Units Averaging 1,069 SF

Property Facts

Price $7,800,000
Price Per Unit $111,429
Sale Type Investment
No. Units 70
Property Type Multifamily
Building Size 74,840 SF
Average Occupancy 94%
No. Stories 2
Year Built 1994

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 62 $1,173 996 - 1,096
3+2.5 8 $1,450 1,336

Property Taxes

Property Taxes

Parcel Number
53-08-16-301-032.000-009
Land Assessment
$174,200
Improvements Assessment
$2,099,800
Total Assessment
$2,274,000
  • Listing ID: 39673504

  • Date on Market: 3/5/2026

  • Last Updated:

  • Address: 3225 S Walnut Springs Dr, Bloomington, IN 47401

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