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Updated almost 7 years ago on . Most recent reply

User Stats

549
Posts
310
Votes
Clay Manship
  • Indianapolis, IN
310
Votes |
549
Posts

1990s Construction BRRRR in INDY! $30k in EQUITY! ONLY $79,900!

Clay Manship
  • Indianapolis, IN
Posted

Look at this BEAUTIFUL 1990s construction rental that needs MINIMAL rehab! With some simple cosmetics,  you will have $30,000 in gross equity, and a great cap rate return on a fantastic rental in Indianapolis! See below:

__________________________

A MAINSTAY PROPERTY GROUP COMPANY
Construction Management - Joint Ventures - Private Lending - Property Management



Voted The #1 Source for OFF MARKET & DISCOUNTED
Indianapolis Investment Properties

3645 Rock Maple Drive
Indianapolis, IN 46235

$79,900
CLICK FOR PICTURES
CLICK FOR VIDEO
CLICK FOR AERIAL VIDEO


BEDROOMS: 3
BATHROOMS: 2
SQUARE FOOTAGE: 1,264
YEAR BUILT: 1995
Newer Construction Flip or Rental in Warren Township residential neighborhood. Minimal rehab needed to achieve $23,000+ Profit or an 8% Cap Rate.

The property has been well maintained and very clean. Half of the garage has been converted into a 4th bedroom. See pictures.

Are you looking to JOINT VENTURE? Seeking financing? We would love to work with you. CONTACT US TODAY!
QUESTIONS OR OFFERS?


Cory Manship

317-707-6191

[email protected]

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.
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.
Offering

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