The Fairmont Apartments offer an investor a well-maintained garden-style apartment community located in the stable and highly desirable city of Bloomington, IL. Situated on 1.47 acres, the property consists of eight buildings, including seven residential buildings and one dedicated laundry and storage facility. The unit mix features 28 one-bedroom, one-bathroom two-story townhouse units and 7 two-bedroom, one-bathroom units, with an average unit size of approximately 740 square feet. The property has benefited from several recent capital improvements, including the installation of luxury plank flooring in most of the townhouse units, roof replacements on two of the buildings, and the replacement of several HVAC systems throughout the complex. These updates enhance both the property’s appeal and its operational efficiency. Recently renovated one-bedroom townhouse units are achieving rents of $925 per month, while the remaining units are currently 5–10% below market—presenting a clear opportunity for increased income through turnover and modest rent adjustments. Bloomington is centrally located in Illinois, roughly halfway between Chicago and St. Louis. The city benefits from a strong employment base with major employers such as State Farm and Rivian Automotive. These economic drivers have contributed to increased housing demand, rising market rents, and consistently low vacancy rates, making the Fairmont Apartments a compelling investment opportunity in a solid Midwestern market.