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Updated about 7 years ago,
HUGE 4-Unit in Indianapolis! 21% CAP RATE, ONLY $54,900!
Take a look at the incredible cash flow that this separately metered, excellent 4-unit building in Indianapolis has to offer! Almost ALL new mechanicals, with 3/4 units already occupied! Great purchase, better return! See below:
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2808 N. Capitol Avenue
Indianapolis, IN 46208Unit 1: 1BR/1BA/890 square feet [VACANT]
Unit 2: 1BR/1BA/890 square feet [OCCUPIED]
Unit 3: 1Br/1BA/890 square feet [OCCUPIED]
Unit 4: 1BR/1BA/890 square feet [OCCUPIED]
EVERYTHING SEPARATELY METERED! Almost brand new mechanical units, including A/C!
This is it! Look at this AMAZING 4-unit portfolio income opportunity that is in a highly gentrifying area of Indianapolis--equidistant between the world famous Children's Museum and Ivy Tech Community College. Incredibly unique cash flow opportunity!
With 3/4 units already occupied and cash flowing, you will only need to spend MINIMAL money to get the entire property cash-flowing and producing a 21% CAP RATE, or over a 60% CASH ON CASH RETURN! What an incredible investment the savvy IRA investor!
Contact us today for more information--this one will not last long!
CLAY MANSHIP
317-828-4972