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All Forum Posts by: Clay Manship

Clay Manship has started 199 posts and replied 519 times.

Post: INDIANAPOLIS DUPLEX--Rent Ready! 15% CAP RATE, ONLY $44,900!

Clay ManshipPosted
  • Indianapolis, IN
  • Posts 549
  • Votes 310

Check out this incredible opportunity to add to, or begin your portfolio, in the INDIANAPOLIS CASH FLOW! A true duplex located in an excellent Indy rental neighborhood, for UNDER $50,000! Can't beat that! 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

2418 W Arlington Ct,
Indianapolis, IN 46218

DUPLEX

$44,900
CLICK FOR PICTURES


EACH UNIT:
BEDROOMS
: 2
BATHROOMS: 1
SQUARE FOOTAGE: 816
YEAR BUILT: 1951
WOW! CCHB just picked up this awesome Eastside DUPLEX with over 80 square feet per unit. MFH investors will love the stabilized Cap Rate of 14% making this a true CASH COW! Overall this duplex is in NICE condition.

One unit is nearly rent-ready, while the other unit will need flooring, a little drywall work, and water heater. Duplexes move quick so don't delay on taking down this deal!

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 HOME BUYERS
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 Home Buyers 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 Home Buyers 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.
  • Circle City Home Buyers shall receive net proceeds equal to purchase price. All offers are to be made as a "net to seller" figure.
  • Circle City Home Buyers shall receive net proceeds equal to purchase price. All offers are to be made as a "net to seller" figure.
  • 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.

Post: QUICK CASH FLIP! Great Indy Neighborhood, $50k PROFIT! ONLY $145k

Clay ManshipPosted
  • Indianapolis, IN
  • Posts 549
  • Votes 310

Take a look at this fantastic flip or AirBNB property in a wonderful location! Want us to flip for you? Contact us--we'll show you how! 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

4360 Carrollton Ave,
Indianapolis, IN 46205

$144,900
CLICK FOR PICTURES
CLICK FOR EXTERIOR VIDEO
CLICK FOR INTERIOR VIDEO


BEDROOMS: 3
BATHROOMS: 1
SQUARE FOOTAGE: 1,560
YEAR BUILT: 1920
Here is an UNBELIEVABLE opportunity in the FANTASTIC neighborhood of Meridian-Kessler. Investment properties like this come around few-and-far between don't let this pass you by!

Take advantage of the rehab that has already been started. Bath upstairs has been remodeled. New floors in kitchen and dining room. Roof is less than 5 years old. There is added value in the full basement with a 1/2 bath, and 2 car detached garage.

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 HOME BUYERS
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 Home Buyers 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 Home Buyers 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.
  • Circle City Home Buyers shall receive net proceeds equal to purchase price. All offers are to be made as a "net to seller" figure.
  • Circle City Home Buyers shall receive net proceeds equal to purchase price. All offers are to be made as a "net to seller" figure.
  • 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.

Post: Perfect INDIANAPOLIS BRRRR! Huge Equity--11% CAP--ONLY $41,900!

Clay ManshipPosted
  • Indianapolis, IN
  • Posts 549
  • Votes 310

AWESOME opportunity to own an incredible rental opportunity flush with upside equity and cash flow! Lawrence Township! Excellent opportunity to begin or continue your portfolio! 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

6226 E 44th Place
Indianapolis, IN 46226

$41,900
CLICK FOR PICTURES


BEDROOMS: 3
BATHROOMS: 1
SQUARE FOOTAGE: 1,000
YEAR BUILT: 1959
Take a look at this 11% Cap Rate BRRRR in Lawrence! You won't find a more typical rental property anywhere...3 bedrooms, 1 bath, 1000 square feet, 1 car attached garage, brick front. The only thing untypical is the price of $41,900.

Rehab should take less than a couple weeks so new tenants could be in place by early October. Call me today to get this deal as it won't last long!

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 HOME BUYERS
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 Home Buyers 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 Home Buyers 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.
  • Circle City Home Buyers shall receive net proceeds equal to purchase price. All offers are to be made as a "net to seller" figure.
  • Circle City Home Buyers shall receive net proceeds equal to purchase price. All offers are to be made as a "net to seller" figure.
  • 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.

Post: LET US FLIP FOR YOU! Indianapolis Flip, Great ROI, ONLY $83,900!

Clay ManshipPosted
  • Indianapolis, IN
  • Posts 549
  • Votes 310

Looking to flip houses at a low price point? Have our construction management team manage the flip project from beginning to end. See below, and contact us for details!

_____________________________

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



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

6923 Crittenden Ave,
Indianapolis, IN 46220

$83,900
CLICK FOR PICTURES
CLICK FOR VIDEO


BEDROOMS: 2
BATHROOMS: 1.5
SQUARE FOOTAGE: 990
YEAR BUILT: 1942
In the heart of Ravenswood is this fabulous FLIP opportunity! This property resides in a quiet neighborhood convenient to both the N Keystone Ave corridor and Broad Ripple.

Plenty of storage space with a 1 car garage and a large out building. There is even potential to add a 3rd bedroom. This property is vacant so rehab can start immediately.

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.
  • Circle City Home Buyers shall receive net proceeds equal to purchase price. All offers are to be made as a "net to seller" figure.
  • Circle City Home Buyers shall receive net proceeds equal to purchase price. All offers are to be made as a "net to seller" figure.
  • 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.

Post: WOW! Indianapolis CASH FLOW! $110k ARV, ONLY $64,900!

Clay ManshipPosted
  • Indianapolis, IN
  • Posts 549
  • Votes 310

Another incredible opportunity to get into the Indianapolis market with MINIMAL cash expenditure! This great asset is located in a fantastic area of Indianapolis, producing short term cash flow and long term appreciation. Tons of options! 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

5323 Padre Ln,
Indianapolis, IN 46237

$64,900
CLICK FOR PICTURES
CLICK FOR VIDEO


BEDROOMS: 3
BATHROOMS: 1
SQUARE FOOTAGE: 912
YEAR BUILT: 1986
Any investor will love with fabulous Franklin Township asset! With a 22% ROI and/or a 8%+ stabilized Cap Rate after rehab, investors can't go wrong on this tremendous property.

Currently occupied by MTM tenants paying $700/month. $20,000 in rehab will make this a money maker for the savvy investor.

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.
  • Circle City Home Buyers shall receive net proceeds equal to purchase price. All offers are to be made as a "net to seller" figure.
  • Circle City Home Buyers shall receive net proceeds equal to purchase price. All offers are to be made as a "net to seller" figure.
  • 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.

Post: WOW! Indy FOUNTAIN SQUARE Flip! HUGE UPSIDE! ONLY $129,900!

Clay ManshipPosted
  • Indianapolis, IN
  • Posts 549
  • Votes 310

Unlike some other properties, this GREAT flip is located in truly the heart of downtown Indianapolis' coveted Fountain Square! Come enjoy the massive influx of residents, and the surge in pricing for you as a savvy investor! 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

1628 Hoyt Ave,
Indianapolis, IN 46203

$129,900
CLICK FOR PICTURES
CLICK FOR VIDEO


BEDROOMS: 3
BATHROOMS: 2
SQUARE FOOTAGE: 1,844
Here is an amazing FLIP opportunity in highly desired FOUNTAIN SQUARE with an ARV of $275,000. This fabulous asset could realize a 26%+ return on investment....$54,000 PROFIT!

Rehab is in progress throughout, and the garage roof has recently been replaced. This outstanding investment has over 1,800 square feet, a partial basement, plus a 2 car garage. Don't let this one get away....call me today!

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.
  • Circle City Home Buyers shall receive net proceeds equal to purchase price. All offers are to be made as a "net to seller" figure.
  • Circle City Home Buyers shall receive net proceeds equal to purchase price. All offers are to be made as a "net to seller" figure.
  • 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.

Post: Indy Side-by-Side 3-PACK! Incredible Return, ONLY $124,900!

Clay ManshipPosted
  • Indianapolis, IN
  • Posts 549
  • Votes 310

Check out this beautiful package of THREE (3) properties, all located right next to each other in one of Indianapolis' best rental neighborhoods! One has even been an AirBNB for several years, making over $40 per NIGHT! See details 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

2916 / 2928 / 3021 S Rybolt St
Indianapolis, IN 46241
3 Property Package Deal

$124,900
2916 RYBOLT PICTURES / VIDEO
2928 RYBOLT PICTURES / VIDEO
3021 RYBOLT PICTURES / VIDEO


2916 RYBOLT
BEDROOMS
: 2
BATHROOMS: 1
SQUARE FOOTAGE: 680
YEAR BUILT: 1946

2928 RYBOLT
BEDROOMS
: 4
BATHROOMS: 1.5
SQUARE FOOTAGE: 1,225
YEAR BUILT: 1950

3021 RYBOLT
BEDROOMS
: 5
BATHROOMS: 1
SQUARE FOOTAGE: 1,376
YEAR BUILT: 1930


Check out these THREE fantastic investment properties in Mars Hill selling as a package. 2916 and 2928 reside next to one another, while 3021 is just a block down the street. The 3 properties combined will achieve a 11.5% Cap Rate.

All 3 properties have been well-maintained with newer appliances. No rehab needed to to earn immediate cash flow. 2916 Rybolt has an empty lot on both sides and is an active AirBNB property earning ~$2,000 month. 2928 Rybolt is currently rented at $825 and requires minimal rehab. 3021 Rybolt currently rented at $795 and will require some rehab.

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.
  • Circle City Home Buyers shall receive net proceeds equal to purchase price. All offers are to be made as a "net to seller" figure.
  • Circle City Home Buyers shall receive net proceeds equal to purchase price. All offers are to be made as a "net to seller" figure.
  • 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.

Post: Non Recourse Loan in Indianapolis

Clay ManshipPosted
  • Indianapolis, IN
  • Posts 549
  • Votes 310

@Elia S.

You are going to have a really hard time finding any banks or commercial lenders doing a non-recourse loan product on a loan amount that small. Usually non-recourse debt begins at the $2mm mark or so, depending on the property type.

Your best course of action would be to find a private individual that will lend you the capital, or raise it, and have it specified in the loan documents that this mortgage is non-recourse. The banks just won't ever do it with something that size, unfortunately.

Best of luck!

Post: Indianapolis WARREN Township BRRRR! Huge Equity! ONLY $64,900!

Clay ManshipPosted
  • Indianapolis, IN
  • Posts 549
  • Votes 310

Beautiful opportunity to grow a portfolio 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

7117 E 18th Street
Indianapolis, IN 46219

$64,900
CLICK FOR PICTURES


BEDROOMS: 3
BATHROOMS: 1.5
SQUARE FOOTAGE: 1,414
YEAR BUILT: 1953
Take a look at this AWESOME Warren Township BRRRR opportunity with a 10% Cap Rate. This is a perfect portfolio addition for any Buy and Hold investor.

There is a large bonus room in back that could be used as a 4th bedroom. Overall in good condition...will need updating throughout.

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 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.

Post: Fantastic A-Class Rental in Indianapolis! $180k ARV, ONLY $84,900

Clay ManshipPosted
  • Indianapolis, IN
  • Posts 549
  • Votes 310

Take a look at this beautiful home in the highly desired southern WARREN TOWNSHIP! Incredible brick facade with rents in the $1,500 range...this is an A-class asset with MAJOR BRRRR potential! See below for more details:

_________________________

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



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

11132 Bear Hollow Drive
Indianapolis, IN 46229

$84,900
CLICK FOR PICTURES
CLICK FOR VIDEO


BEDROOMS: 3
BATHROOMS: 2.5
SQUARE FOOTAGE: 2,148
YEAR BUILT: 2004
Here is a newer construction property in Warren Township with minimal fire damaged. After rehab this fabulous asset will achieve a $180,000 ARV. This asset could be either flipped achieving a 21% ROI, or buy & hold with a 7% Cap Rate in a Class A neighborhood.

The damage was primarily contained to the upstairs mechanical room so new roof and mechanicals are needed. No damage to downstairs, 3 car garage, or full basement.


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 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.