A trim assembly, such as a center console for a vehicle, includes a base portion, a cover portion and a holding unit. The cover portion defines a cover opening, and is attached to the base portion. The holding unit is disposed between the cover portion and the base portion, and is rotatably supported by the base portion for rotation about a rotation axis between a bin storage position and a cup-holder storage position. A bin storage position presents a bin aperture defined by a first side of the holding unit adjacent the cover opening to provide access to an open interior region of the holding unit through the cover opening for storage. A cup-holder storage position presents a cup aperture defined by a second side of the holding unit adjacent the cover opening to secure a cup within the interior region of the holding unit.