Indianapolis Commercial Property...traffic 14M+ yr...CAP 13.6

[Todd Burton]

This is an investment diamond just waiting to be mined! The #1 value of any real estate is location and with over 14 million cars per year traveling right in front of this property, how can you beat the location? Easy access to I465 less than 1 mile north. Not only can this be a cash cow now but with the continued development of the US 31 corridor from I465 all the way down to Greenwoood, this property is sure to increase in desirability and value. Professional management is available for this property.

Estimated gross income for 2018 with current occupancy $55,392. 3 vacant units have an additional potential income of ~$3,316 per month. Current CAP 6.58 / Potential CAP 13.6 (factors 10% management, 7.5% vacancy & 7.5% maintenance). Contact me for more details.