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Shamrock Pointe 3800 E McCracken Way 54 Unit Apartment Building $8,150,000 ($150,926/Unit) Bloomington, IN 47408
Investment Highlights
- Great location on city bus route
- Buy direct/ owner financing. NO REALTOR FEES OR COMMISSIONS!
- Lo Maintenance buildings , concrete driveways, all units individually metered
Executive Summary
Fantastic opportunity builder- owner, retiring, No mortgage. Property is free and clear. offering seller financing with a reasonable down payment
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$648,000
|
$10.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$648,000
|
$10.00
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $648,000 |
| Annual Per SF | $10.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $648,000 |
| Annual Per SF | $10.00 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $8,150,000 | Apartment Style | Garden |
| Price Per Unit | $150,926 | Building Class | C |
| Sale Type | Investment | Lot Size | 3.88 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 64,800 SF |
| No. Units | 54 | Average Occupancy | 94% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2008 |
| Zoning | Apts | ||
| Price | $8,150,000 |
| Price Per Unit | $150,926 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.88 AC |
| Building Size | 64,800 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 2008 |
| Zoning | Apts |
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer Hookup
- Heating
- Bay Window
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Yard
- Breakfast Nook
- Deck
- Double Pane Windows
- Family Room
- Instant Hot Water
- Lawn
- Skylights
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 54 | - | - |
Property Taxes
| Parcel Number | 53-05-35-400-010.000-005 | Improvements Assessment | $4,516,600 |
| Land Assessment | $1,014,100 | Total Assessment | $5,530,700 |
Property Taxes
Parcel Number
53-05-35-400-010.000-005
Land Assessment
$1,014,100
Improvements Assessment
$4,516,600
Total Assessment
$5,530,700
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Pendragon Properties
Shamrock Pointe | 3800 E McCracken Way
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