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Jennifer Sadler
Martinsville, IN 46151
Office765-342-7474
Fax765-342-2262

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Listing 6 out of 51
$1,100,000 For Sale

8450 South Old State Road 37
Bloomington, IN 47403

9 units | Multi Family Home
10.923 acres - MLS# 21617573
Property Photo
1/33

Description

A fantastic investment opportunity is found in this 9 unit Mobile Home Park on 12 acres off Old St Rd 37 just South of Bloomington! Included are 8 3bd/2ba mobile homes and a 5bd/2ba 2,000 sqft ranch over a basement-a total rental revenue of over $110,000 per yr.! All units have been rebuilt and are in excellent shape. New septic system in place. 90% of the units have a direct deposit for rents and have at least 1 yr leases -with a waiting list! Don’t miss this great investment!!

Features

  • Property Type: Multi Family Home
  • Sub Type: 5+Units Commercial
  • Listing Status: Active
  • County/Area: Monroe County
  • Zip Code: 47403
  • Year Built: 1970
  • Subdivision/Neighborhood: No Subdivision
  • School District: Monroe County Community
  • Style: Manufact, Modular
  • Units: 9 units
  • Lot Size: 475806
  • Area: 5310 - Monroe - Clear Creek
  • Acres: 10-20 Acres
  • Building Levels: One
  • Building Utilities: Septic System
  • Expenses: 11166
  • Gross Operating Income: 112500
  • Lot Information: Irregular, Wooded
  • Main Type: Multi-Family
  • Operating Expense: Insurance, PropTaxes, Utilities
  • Tenant Pays: Trash Pick Up, Other
  • Township: Clear Creek
  • Trans Type: Sale
  • Unit Count: 9
Courtesy of Re/Max Acclaimed Properties
Sadler Real Estate
610 East Morgan Street
Martinsville, Indiana 46151
Office: 765-342-7474
Fax: 765-342-2262
Email: jensadler7@gmail.com

Testimonials

To Whom It May Concern, The service and personal attention we received from Sadler Real Estate was exceptional! Their knowledge of the local market and their key contacts in the community helped us in selling our previous home and purchasing our dream log home. After patiently sending us listings and taking us to visit several homes, they made sure we got the best offer for our previous home and more importantly, the best value purchase for the new one! Regardless of whether you are buying or selling, we would highly recommend Sadler Real Estate to help you in this life changing move. We could not have asked for a better Realtor to guide us through the process. Sincerely, Terry and Betty Maxwell
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