Three almost identical properties, all leased, and situated on the same BLOCK! How convenient for the handy landlord! See more details about these excellent assets below!
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A MAINSTAY PROPERTY GROUP COMPANY
Construction Management - Joint Ventures - Private Lending - Property Management
Voted The #1 Source for OFF MARKET & DISCOUNTED
Indianapolis Investment Properties
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BEDROOMS: 2
BATHROOMS: 1
SQUARE FOOTAGE: 696
YEAR BUILT: 1936
*Double Lot
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BEDROOMS: 2
BATHROOMS: 1
SQUARE FOOTAGE: 888
YEAR BUILT: 1948
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BEDROOMS: 2
BATHROOMS: 1
SQUARE FOOTAGE: 784
YEAR BUILT: 1940 |
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Combined Numbers for all 3 Properties  |
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These 3 properties are being sold TOGETHER as a package.
Take advantage of this unique 'multi-family' opportunity in MARS HILL. Three separate BRRRR properties located together, each achieving a 15% Cap Rate. All 3 currently rented on month-to-month lease at $500/month.
Property condition is similar across all 3 units needing some TLC. The rehab should be a snap, and very convenient for contractors. Notice the 2 parcels at 3049...additional future income?!?
Are you looking to JOINT VENTURE? Seeking financing? We would love to work with you. CONTACT US TODAY! |
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CIRCLE CITY REAL ESTATE
OFFERS:
1. CONSTRUCTION MANAGEMENT--Use our contractors, let us manage your project.
2. JOINT VENTURES--Don't want to go it alone? Let us do the project with you.
3. PRIVATE LENDING--We lend our own money to help you acquire undervalued assets.
4. PROPERTY MANAGEMENT--Utilize our trusted property management partners who currently manage 300+ units on behalf of our clients. |
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WE LOVE WORKING WITH REALTORS!
If you have a CASH buyer for this property, please add your own fee on top of our listed price.
- Circle City Real Estate is a wholly-owned subsidiary of Mainstay Property Group, LLC; Indiana licensed real estate brokerage #RC51700211.
- Property is being sold as-is, where-is.
- Circle City Real Estate or a related entity is selling interest in an executed purchase agreement with current ownership.
- All figures expressed either verbally or in marketing material is to be an estimate. There are no guarantees or assumptions, either made or implied. Buyer should conduct their own due diligence.
- Property is to be sold to INVESTOR CASH BUYERS only.
- Buyer shall be responsible for paying ALL associated closing costs.
- In order to secure purchase, Buyer must deliver $2,500 NON-REFUNDABLE earnest money check to Monument Title Insurance Company, at 1848 N. Alabama St, Indianapolis, IN 46202.
- If property is occupied, please do no disturb occupant. Occupant/tenant rights apply. Please contact our team for access instructions.
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