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This multifamily property at 221 Robinhood Ln in Bloomington, Illinois, presents a straightforward investment for those seeking a stable residential asset. The six-unit apartment building is currently fully leased, providing immediate income generation for a prospective owner. Residents benefit from practical amenities, including on-site laundry facilities and garage parking available for select units. Bloomington serves as a stable economic hub in the region, supported by a diverse mix of educational and corporate institutions, making it a reliable location for long-term residential holdings. The scale of this asset suits an investor looking to bolster their portfolio with an established multi-unit property. Its functional layout and consistent occupancy history support a variety of management strategies in this well-connected Illinois submarket. The property remains well-positioned to serve the ongoing demand for rental housing in the area.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.