Vivo Bloomington

Bid Dates: September 14-16, 2026

• Student Housing Adjacent to Indiana University
Located minutes from Indiana University, the property is positioned to capitalize on one of the Midwest’s largest and most stable university markets, supported by consistent enrollment and year-round housing demand.
• Multiple Investment Strategies
The property offers flexibility for a variety of ownership models, including traditional multifamily operations, purpose-built student housing, affordable workforce housing, micro-unit housing, or a hybrid leasing strategy targeting both students and young professionals.
• Operational Turnaround Opportunity
Following significant capital investment, new ownership has the opportunity to implement a fresh operational strategy through leasing optimization, expense management, revenue enhancement, branding, and unit repositioning.
• Affordable Micro-Unit Product
The property’s predominately studio floor plan offers naturally attainable housing at a time when demand for smaller, lower-cost units continues to increase among students, graduate students, and entry-level professionals.
• Over $2.1 Million in Historical Capital Improvements
Previous ownership and the lender have invested more than $2.1 million into the property, including common area renovations, amenity improvements, parking lot repairs, roof work, hallway renovations, landscaping, and upgrades to select apartment units.
• Institutional Scale in a High-Barrier Market
With 89 units, Vivo Bloomington offers operational scale rarely available in Bloomington while remaining accessible to a broad range of private investors, syndicators, and institutional capital.