An INCREDIBLE opportunity to build a portfolio and achieve an almost 8% CAP RATE in the ever-appreciating INDIANAPOLIS! This deal needs almost NO work and can be rented IMMEDIATELY! See 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: 4
BATHROOMS: 2
SQUARE FOOTAGE: 1,604
YEAR BUILT: 2002 |
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EXCELLENT Turnkey opportunity with a TON of built-in value! Older and smaller 3/2 comps in this neighborhood sell for over $110/sq foot. The $165,000 ARV on this 4/2 asset is very conservative at $102/sq foot.
This NEWER CONSTRUCTION property is located only blocks from Fort Harrison State Park...far North East side of Indianapolis. All this property needs is a quick cleaning.
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 6053 N. College Avenue 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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