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Updated almost 7 years ago,

User Stats

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

Perfect Indianapolis A-Class Asset! Great Rents & Equity!

Clay Manship
  • Indianapolis, IN
Posted

Take advantage of this sweet opportunity in Indianapolis! Nearly NO rehab needed...just jump right in and enjoy some of the best schools (and renters) in the city! Lots of equity and cash flow to go around! 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

5429 Floating Leaf Drive
Indianapolis, IN 46237

$144,900
CLICK FOR PICTURES
CLICK FOR VIDEO


BEDROOMS: 3
BATHROOMS: 2.5
SQUARE FOOTAGE: 2,425
YEAR BUILT: 2003
This will move quick! An amazing newer construction property in a Class A Franklin Township neighborhood. Comp ARVs in this and surrounding neighborhoods near $200,000.

There is no rehab needed. Several rooms currently being painted (see pictures). With little effort Investors will achieve $13,000 profit, or a 6.5% Cap Rate.

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