Hot Flip Near 22nd and College Indianapolis

[Bob Hinrichs]

Hey BP!

Check out this deal that will make a strong flip with some healthy returns. It's located at 2134 Carrollton Ave, right in the heart of the redeveloping College Avenue corridor. Vacant land and existing homes have been moving very quickly in the surrounding blocks.

Until recently, the property has been used as a rental, and it's still practically in livable shape. You'll be able to make use of the beautiful fireplace and huge unfinished attic. When you flip it and put in the right finishes and work, you'll be able to sell this on the open market at top dollar.

Or consider holding the property as a rental for 1-2 years, let prices continue to rise, and then complete the full renovation project for even bigger returns.

Have you read the recent IBJ's article about the neighborhood and the upcoming development we can expect to see? Take a look at the link!

Recent IBJ Article

Details, pictures and comparables of the deal are all included below:

Detailed Comps

Access: To gain access instructions for the property, please call or text Bob at 763-258-6248.

How to Buy: This is a wholesale investment property. If you are interested in the property, please contact Bob for instructions on the next steps. A $2,000 non-refundable EMD and signed paperwork secure the investment. This will be sold on a first come, first serve basis to the best offer.

Brokers: You are welcome to add whatever fee you'd like on top of our price if you have a cash buyer that is interested and able to close.

Note: This investment is under contract with me directly. Any purchaser must plan to close on the opportunity and not assign it. If you have someone in mind for this investment, I will pay a $1,000 referral fee upon closing!

*Contracting Party either owns or has equitable contractual interest in the property. Sale will either be in the form of an assignment of the purchase agreement between Contracting Party and Owner or a direct sale from Contracting Party to Buyer. Sale of the property is conditional on Seller of property providing acceptable title to the property.

**All properties are sold for cash or hard money. Buyer will need to verify information and funds. A $2,000 non-refundable earnest money deposit and 14 day or less closing period are required.

***Contracting Party makes no representations or warranties, either express or implied, about the property. All descriptions of the property and pertinent information described in this message have been attained through public records, the County Assessor's office, MLS, or viewing of the property. The Seller also makes no warranties, either express or implied, as to the potential return of this property as an investment. The Buyer understands and acknowledges that any information in this message is not warrantied. The Buyer has conducted their own investigation of such information, and is choosing to purchase based on their own conclusion. Buyer is "as is and where is" with no contingencies.

****All properties are subject to errors, omissions, deletions, additions, and cancellations. No warranties, whether express, implied, written or oral have been made to the Buyer. The Buyer has conducted all desired due diligence, and has decided to make a purchase based off of their findings. Buyer understands they will pay all closing cost.

*****Contracting party is a broker under license RB16001625, but is not the listing agent of the Property