$3,995,000
Welcome to Hilltop Village, a charming 40-unit apartment complex nestled on 2.66 acres in an attractive location! This exceptional property comprises nine separate ranch-style buildings, providing 39 one-bedroom units, all remodeled within the past two years, offering modern comforts and style. The remaining unit has two separate entrances and serves as an office on one side, while the other side has been transformed into a common area laundry facility for the tenant's convenience. The office has the potential to be easily converted into an efficiency unit, further expanding the income-generating possibilities for the new owner. In an area with high rental demand, this complex offers a serene and convenient housing option that has proven itself when it comes to attracting renters. Seven of nine roofs have been replaced, breaker boxes upgraded along with telecom wiring, all units have been renovated similarly in finishes and all are similar in layout (open concept)/size.
1/10 mile West of the intersection of West Allen Street and South Patterson Drive, on the South side of the street.
MLS # | 202511570 |
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Date Listed | 2025-04-06 |
Status | Active |
Property Type | Investment |
Property SubType | Apartment Complex |
Square Feet | 23310 sqft |
New Construction | No |
Style | Other |
Type | Apartment Complex |
Bedrooms | 40 |
Bathrooms | 40 |
Annual Taxes | $14,350.00 |
Year Taxes Payable | 2025 |
Year Built | 1985 |
Virtual Tour | propertypanorama.com » |
Days on Market | 6 |
5th Bedroom | 40 × 40 | Level |
Recreation Room | 40 × 40 | Level |
Loft | 40 × 3 | Level |
Extra Room | 3 × 3 | Level |
Full Baths | 40 Main |
Construction | Apartment Complex |
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Lot Size | 115,870 sq ft |
Acreage | 2.66 Acres |
Lot Dimensions | 460x260 |
Fence | None |
Area | Monroe County |
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County | Monroe |
Subdivision | None |
Township | Perry |
City | Bloomington |
State | IN |
Zip | 47403 |
School District | Monroe County Community School Corp. |
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Elementary | Templeton |
Middle School | Jackson Creek |
High School | Bloomington South |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202511570
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Audra Cannon
CRM Properties, Inc
Cell: 765-431-9111
Listing updated April 6, 2025 at 7:00 pm
Last checked 14 minutes ago