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Updated over 3 years ago, 09/04/2021

User Stats

1,411
Posts
658
Votes
Jason Malabute
  • Accountant
  • Los Angeles, CA
658
Votes |
1,411
Posts

Who here is familiar with the Bloomington , IN market?

Jason Malabute
  • Accountant
  • Los Angeles, CA
Posted

Who here is familiar with the Bloomington , IN market?

User Stats

20
Posts
6
Votes
Kelly Votolato
  • Rental Property Investor
  • Bloomington, IN
6
Votes |
20
Posts
Kelly Votolato
  • Rental Property Investor
  • Bloomington, IN
Replied

Hi Jason, I’m a local investor in Bloomington Indiana. I own several single family properties that are a mix of student rentals and workforce housing. I’m currently looking to purchase an apartment building with my partner. What interests you about the Bloomington market? 

User Stats

591
Posts
807
Votes
Spencer Gray
  • Syndication Expert and Investor
  • Indianapolis, IN
807
Votes |
591
Posts
Spencer Gray
  • Syndication Expert and Investor
  • Indianapolis, IN
Replied

Hi @Jason Malabute

I'm an investor based out of Indianapolis (an hour north) and am currently invested in two apartment complexes as an LP and one as a GP in Bloomington. We recently lost out on a bid to acquire another large (268) unit property there just a few weeks ago. 

Is there anything in particular you had a question about? 

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User Stats

1,411
Posts
658
Votes
Jason Malabute
  • Accountant
  • Los Angeles, CA
658
Votes |
1,411
Posts
Jason Malabute
  • Accountant
  • Los Angeles, CA
Replied
Originally posted by @Kelly Votolato:

Hi Jason, I’m a local investor in Bloomington Indiana. I own several single family properties that are a mix of student rentals and workforce housing. I’m currently looking to purchase an apartment building with my partner. What interests you about the Bloomington market? 

I invest in surrounding markets. Can we schedule a call this week? I want to refine my Bloomington knowledge.

User Stats

1,411
Posts
658
Votes
Jason Malabute
  • Accountant
  • Los Angeles, CA
658
Votes |
1,411
Posts
Jason Malabute
  • Accountant
  • Los Angeles, CA
Replied
Originally posted by @Spencer Gray:

Hi @Jason Malabute

I'm an investor based out of Indianapolis (an hour north) and am currently invested in two apartment complexes as an LP and one as a GP in Bloomington. We recently lost out on a bid to acquire another large (268) unit property there just a few weeks ago. 

Is there anything in particular you had a question about? 

I invest in surrounding markets. Can we schedule a call this week? I want to refine my Bloomington knowledge.

BTW a broker told me Bloomington MF is trading at a 2 cap is this true?

User Stats

20
Posts
6
Votes
Kelly Votolato
  • Rental Property Investor
  • Bloomington, IN
6
Votes |
20
Posts
Kelly Votolato
  • Rental Property Investor
  • Bloomington, IN
Replied

Hi Jason, my email is kelly@tesoropropertygroup. com. Let’s connect there.