221 Robinhood Ln - Apartments FOR SALE


Bloomington, IL 61701
$510,000 USD
309-590-7900
221 Robinhood Ln, Bloomington, IL for Sale
$510,000 USD
Apartments - FOR SALE
1/7
null | 8.5% Cap Rate

221 Robinhood Ln
Bloomington, IL 61701


OVERVIEW

Excellent opportunity to acquire a fully leased 6-unit multifamily investment property in a desirable Bloomington location. Conveniently situated just off Route 9/Empire, the property provides tenants with easy access to shopping, dining, employment centers, and everyday amenities. This well-maintained asset offers stable occupancy and strong income potential, making it an attractive addition to any investment portfolio. Tenant amenities include on-site laundry facilities and garage parking for select units. Utilities are included in the rent, with tenants contributing utility reimbursements to help offset operating expenses. The property is currently professionally managed, providing a streamlined ownership experience. Whether you're looking to expand your portfolio or acquire a turnkey multifamily investment, this property presents an excellent opportunity in one of Bloomington's established rental markets.

FOR SALE DETAILS

PRICE

$510,000 USD

PRICE/SF

$65 USD /SF

# OF UNITS

6

PRICE/UNIT

$85,000

CAP RATE

8.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,994 SF

ZONING

R-3A

APN/PARCEL ID

14-34-480-010

ASK ABOUT THIS PROPERTY

309-590-7900

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309-590-7900

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