949-544-1722
1722 N Walnut St
Bloomington, IN 47404
Downtown Bloomington IN
HIGHLIGHTS
- Adjacent to Indiana University, benefitting from one of the Midwest’s largest university markets, with steady enrollment and year-round demand.
- Multiple investment strategies, flexible for MFR, student, workforce, micro-unit, or hybrid housing serving students and young professionals.
- Operational upside via recent capex creates a value-add opportunity through leasing, branding, revenue growth, expense control, and repositioning.
- Affordable micro-units - predominantly studio units provide attainable housing, meeting growing demand from students and young professionals.
- More than $2.1M has been invested in upgrades, including renovated common areas, amenities, parking, roofing, hallways, landscaping, and units.
- With 89 units, Vivo Bloomington delivers rare scale in a high-barrier market, appealing to private investors, syndicators, and institutions.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Institutionally Owned IUB Student Housing
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
2022
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.11 AC
LAND SF
91,912 SF
ZONING
MC
APN/PARCEL ID
53-05-28-300-143.000-005
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
949-544-1722
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
949-544-1722
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
