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$625,000 $90,000on 4/7/2020

345 E Winslow Road #1 - 40 Bloomington, IN 47401

Property 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!
Address:345 E Winslow Road Bloomington IN 47401
on site: 235 days
Year Built:1991
Lot Size:0.18
County: Monroe County
Township: Perry
MLS #:202004443
Property Type:Special Purpose

Lot Dimensions:irregular
Directions:Corner of Winslow Rd. and Henderson St. Storage units behind Winslow Plaza retail center.
Loan Price
Price And Interest $3,260/month
Property Tax $525/month
MTG INS $0/month
HOME INS $260/month
Down Payment %
0 %
Down Payment
Property Taxes
Home Owner Insurance
$3,120 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
DateOld PriceNew PricePercent Change
04/07/20 $715,000 $625,000 -12.59%
03/02/20 $715,000 $650,000 -9.09%
Den 4 x 7920 Info Not Available
Annual Property Tax:$3,150
Tax Year:2020
Subdivision: None
Zip Code:47401
Brian Thompson, REALTOR®/Broker, F. C. Tucker Company, Inc.
Brian Thompson
Additional Phone (812) 336-7300

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Listing provided courtesy of WS Property Group.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.