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1800 & 1805-1820 S. Huntington Gardens, Bloomington, IN 47401

Commercial property for sale

  • Description
  • Exceptionally well-built and maintained 4 plex with 8 apartments per building and a freestanding 2 bedroom bungalow. Nearly 24,000 total finished square feet in 33 units on more than 2 Acres built in 1995. All apartments are 1 bedroom units. Some units are accessible. Flexible and creative purchasing options available: property sold in part or whole. Huntington Gardens is currently rented as Affordable Housing. The tax credits for the buildings located at 1810, 1815 and 1820 have expired, and can be rented at market rates as the current tenants vacate. Effective 2013, all current leases in the original three buildings will have expired, and those apartments can be rented at market rate. The fourth building (1805) must be maintained as Affordable Housing through July 19th, 2015. The Two Bedroom Bungalow is currently rented at market rate. Building price details: $1,815,000.
  • Property Details
  • Building Name: Huntington Gardens
    Property Type: Multifamily
    Use Types: Low-Rise/Garden
    Status: Available
    Price: $ 55,000 +/Unit
    Number of Stories: 2
    Year Built: 1995
    MSA: Bloomington
    Zoning: Residential High-Density
    Buildings: 5
    Terms: Cash to Seller
    Added: 02/10/2012
    Last Update: 02/23/2012
  • Exterior Features
  • Parking Type: Surface
  • Contact info
  • 812-320-5204 [Office]
  • Note

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