Multifamily Housing
8450 South Old State Road 37 Bloomington, IN 47403
Details & Description
Price: $875,000
    100% leased investment property for sale with 8.1% CAP Rate. Full Moon Estates Mobile Home Park consists of 9 mobile homes generating $106,000 potential rental income on Bloomington's Southeast side near Starlite Drive-in Theatre. Sale includes 11 acres with potential for expansion of additional mobile homes (affordable housing is needed in Monroe County!).
    Additional Photos
    Listing Agents
    Craig Dohman

    O: 812-558-2357
    M: 812-606-0136
    cdohman@c21cre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    8450 South Old State Road 37

    Bloomington, IN 47403

    No Longer Listed
    • 8450 South Old State Road 37 Bloomington, IN 47403 | for Sale | Photo 1
    • 8450 South Old State Road 37 Bloomington, IN 47403 | for Sale | Photo 2
    • 8450 South Old State Road 37 Bloomington, IN 47403 | for Sale | Photo 3
    • 8450 South Old State Road 37 Bloomington, IN 47403 | for Sale | Photo 4
    • 8450 South Old State Road 37 Bloomington, IN 47403 | for Sale | Photo 5
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    • 8450 South Old State Road 37 Bloomington, IN 47403 | for Sale | Photo 7
    8450 South Old State Road 37 | for Sale | Thumbnail 1
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    Price
    $ /mo
    Description

    100% leased investment property for sale with 8.1% CAP Rate. Full Moon Estates Mobile Home Park consists of 9 mobile homes generating $106,000 potential rental income on Bloomington's Southeast side near Starlite Drive-in Theatre. Sale includes 11 acres with potential for expansion of additional mobile homes (affordable housing is needed in Monroe County!).

    Attachments & Files

    Bloomington Area Market Trends

    Listing Demographics for 8450 South Old State Road 37 Bloomington, IN 47403

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population5894,59211,751
    Population Median Age374142
    Population by Age0-9 Yrs88 (14%)571 (12%)1343 (11%)
    10-19 Yrs96 (16%)582 (12%)1441 (12%)
    20-29 Yrs36 (6%)295 (6%)912 (7%)
    30-39 Yrs81 (13%)571 (12%)1358 (11%)
    40-49 Yrs83 (14%)581 (12%)1461 (12%)
    50-59 Yrs102 (17%)883 (19%)2120 (18%)
    60-69 Yrs68 (11%)682 (14%)1827 (15%)
    70+ Yrs36 (6%)426 (9%)1288 (10%)
    Median HH Income$83,642$81,227$76,069
    Total Household Income< 24K20 (9%)222 (12%)607 (12%)
    25-49K29 (13%)311 (16%)873 (18%)
    50-74K39 (18%)300 (16%)851 (17%)
    75-99K53 (25%)364 (19%)791 (16%)
    100-199K58 (27%)545 (29%)1334 (28%)
    200K+14 (6%)107 (5%)273 (5%)
    Highest Education LevelNo Diploma28291767
    Diploma or GED1027982463
    Some College916581506
    Assoc. Degree37324757
    Bachelors Degree827561783
    Higher Degree424601249
    Total Housing Units2312,2985,747
    --Owner-Occupied1941,6634,156
    --Renter-Occupied18186573
    Owner-Occupied Values< 100K28325854
    100-199K595411469
    200-299K44360853
    300-399K42248486
    400-499K17107219
    500K+583275
    Total Working Age Population4443,6459,489
    In Work Force3252,5476,306
    Not In Work Force1191,0983,183
    Workforce Employed3152,4436,030
    Workforce Unemployed10104276
    Civlian Workforce3252,5476,306
    Military Workforce000
    Total Households2121,8494,728
    Family Households1651,3193,420
    Non-Family Households475301,308
    Married Couple1451,1372,872
    Other Family21182549
    Married w/Child72418952
    Single Male w/Child242140
    Single Female w/Child953124

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    Lawrence County45,922046,134-245,075-244,383
    Monroe County120,563+14137,974+9150,620+8162,024

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 8450 South Old State Road 37 in Bloomington?
    The asking price for 8450 South Old State Road 37 is $875,000
    What is the building size of this Multifamily property in Bloomington, IN?
    The size of the building/unit at 8450 South Old State Road 37 in Bloomington is 12,870 square feet
    How much land does the Bloomington, IN property at 8450 South Old State Road 37 include?
    8450 South Old State Road 37 in Bloomington includes 10.820 acres of land
    What is the population within 1 mile of 8450 South Old State Road 37 in Bloomington?
    The population within 1 mile of 8450 South Old State Road 37 Bloomington, IN 47403 is 589 people.
    Who do I contact for questions about 8450 South Old State Road 37?
    You should contact the listing agent, Craig Dohman, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Indianapolis International Airport (IND) 49
    Louisville Muhammad Ali International Airport (SDF) 74
    Cincinnati Northern Kentucky International Airport (CVG) 101
    --
    No Longer Listed
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