Indianapolis 6 duplex package, 11/12 units leased, 15 CAP!

[Jack Gibson]

ALL properties come with a 1 year Home Warranty automatically covering all CAPEx.  Tenants own their own appliances, so that saves you a lot in maintenance and repairs.  Professional property management in place that manages over 600 properties and 20 years experience.  References available upon request.  Dropbox links include full set of pictures and cash flow sheets.   Properties can be sold individually or as a package.   

1113 Medford - leased $525 & 1115 Medford - leased $475

1121 Medford - leased $475 & 1123 vacant

1125 Medford - leased $525 & 1127 - leased $525

1306 Medford - leased $525 & 1308 - leased $475

https://www.dropbox.com/sh/c93nq79jkeoatt8/AAA02e6...

These units are all built identical, all brick, wood floors, almost like a mini-apartment complex.  Long term, happy tenants are in place.  $55k sales price includes any repairs needed upon completion of inspection.   

1344 Burdsal Parkway - leased $600 & 1346 leased $600

https://www.dropbox.com/sh/rwkkexh4ruy22r5/AACtXjr...

This property recently came off a $10k rehab, and has 2 new leases on both sides.  Minutes to the city, this is in a desirable location.  Immediate cash flow and stable rental area.   

1335 Ewing - leased $550 & 1337 leased $550

https://www.dropbox.com/sh/v7ou03bihdw0rik/AABa7S9...

All you have to do is look at the pics and you know they are taking good care of the property, and they are planted there for life! Will have very low chance of vacancy on this one.  $55k sales price includes $6k rehab, which will be put into 2 new furnaces and 2 new electrical panels, and some exterior cleanup. Otherwise this property is in excellent condition and immediate and steady cash flow.  

TOTAL SALES PRICE:  $330,000.00

RENT:  $5,825 or 69,900 yr.

GROSS ROI: 21%

Complete Cash flow sheets with all expenses provided in the Dropbox links.

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