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345 E Winslow,  Bloomington IN, 47401 (Commercial)

Status: Active
MLS#: 202004443
1of
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Last Updated: 10/23/2020 5:54 AM
Description for 345 E Winslow Bloomington, IN 47401
Great investment and easy to manage! Winslow Storage. 40 storage unit property for sale. Each unit 11' x 18'. Units lease for $150/mo. They are not climate controlled however they do have electricity. Located behind Winslow Plaza on Bloomington's south side. Many of the storage units are rented by tenants at Winslow Plaza. Winslow Plaza currently has professional security monitoring, and will still be responsible for the alley and dumpsters behind the Plaza where the storage units are located. The storage units have their own property tax id separate from that of the Plaza. Back lit signage on Winslow Plaza monument sign included as well. New shingle roofs installed 2016. Purchase comes with leasing website for the Storage Units. www.WinslowStorage.com. Close to 100% leased. Once fully leased, gross rental income = $72,000/yr. Only expenses are: property taxes = $3,150/yr., electricity = $150/yr., and insurance = $1,700/yr. Sale Price reflects a 10%+ cap rate. Room for future rents to grow as well. Very easy asset to manage!
Price
$625,000
None
Monroe County
202004443
Active
Description
Great investment and easy to manage! Winslow Storage. 40 storage unit property for sale. Each unit 11' x 18'. Units lease for $150/mo. They are not climate controlled however they do have electricity. Located behind Winslow Plaza on Bloomington's south side. Many of the storage units are rented by tenants at Winslow Plaza. Winslow Plaza currently has professional security monitoring, and will still be responsible for the alley and dumpsters behind the Plaza where the storage units are located. The storage units have their own property tax id separate from that of the Plaza. Back lit signage on Winslow Plaza monument sign included as well. New shingle roofs installed 2016. Purchase comes with leasing website for the Storage Units. www.WinslowStorage.com. Close to 100% leased. Once fully leased, gross rental income = $72,000/yr. Only expenses are: property taxes = $3,150/yr., electricity = $150/yr., and insurance = $1,700/yr. Sale Price reflects a 10%+ cap rate. Room for future rents to grow as well. Very easy asset to manage!
Listing Information
Property Type: General Commercial, Other
1991
Perry//
None
Neighborhood
Room Information
Exterior / Lot Features
Off Street
None
IRREGULAR
0.18 Acres
Private Roads
Driving Directions
Corner of Winslow Rd. and Henderson St. Storage units behind Winslow Plaza retail center.
Financial Considerations
53-08-09-422-003.000-009
$3,150
Listing Price History
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Bloomington Real Estate

Bloomington is located in Indiana. Bloomington, Indiana 47401 has a population of 85,394.

The median household income in Bloomington, Indiana 47401 is $47,349. The median household income for the surrounding county is $40,435 compared to the national median of $50,013. The median age of people living in Bloomington 47401 is 30 years.

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Courtesy: Aaron, NMSP Stolberg - WS Property Group
This content last refreshed on 10/23/2020 5:54 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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