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All Forum Posts by: Clay Manship

Clay Manship has started 199 posts and replied 519 times.

Post: AMAZING! Class B Indianapolis Flip 35% ROI or BRRR 9% CAP RATE

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

Decisions...Decisions! An AWESOME Southern Broad Ripple asset that could FLIP or BRRRR. Either Flip this FABULOUS property with a little more rehab to see a 35% ROI, or BRRRR with a little less rehab to achieve 9% Cap Rate


With over 1100 square feet to work with, the savvy investor will weigh the options between a 3/1 or 2/2 to maximize the value.

Turn this attractive property into a fabulous investment asset. Additional value from the basement and garage.


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

Post: Indianapolis Site Visit in June

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

Hi @Percival P.

Welcome to Indy! It's a lot better to visit in June than in January...ha. Would be happy to connect with you and describe our business model. We work with clients much like yourself very frequently. Feel free to reach out, should you deem it appropriate.

Happy investing!

@Ross Denman and @Jay Hinrichs continue to knock this thread out of the park.

Jay and I have talked at length about this and, as he has mentioned, it is funny how history repeats itself. There are plenty of other Indianapolis folks who are more than willing to get you straightened out. Keep moving forward, Indy investors!

@Josh C.
@Todd Burton

Post: ENORMOUS Upside in Indianapolis! $135k ARV, ONLY $46,900!

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

Look at this BEAUTIFUL home located in the wonderful Indianapolis suburb of Greenfield! With some cosmetic rehab and exterior touch ups, this excellent flip opportunity could produce a QUICK $40,000 in gross profit! 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

622 E North Street
Greenfield, IN 46140

$46,900
CLICK FOR PICTURES


BEDROOMS: 3
BATHROOMS: 2
SQUARE FOOTAGE: 2,100
YEAR BUILT: 1910
A rustic older home near downtown Greenfield is an ideal investment opportunity as either a FLIP or RENTAL. The experienced investor can see the potential in this FABULOUS property.

After rehab there is a $25,000 Profit, or $700/month income. This property is mechanical sound as it is currently occupied.

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.
Some of the name brand fellow Indianapolis investors here in town offer solid advice. What I have offered in the past, and will offer to ANY Morris Invest/Oceanpointe client, is to drive by your home free of charge and try to get you pictures and a good idea on where your property stands. No investor should have this spur of a taste in their mouth when it comes to our wonderful city!

Post: 3BR Indianapolis BRRRR! Township Schools! $75k ARV, ONLY $44,900!

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

Take a look at this FANTASTIC 1950s construction home in one of Indy's BEST rental neighborhoods! High cap rate, great cash flow, and 3 properties on the SAME STREET selling for ~$75,000! What more could you ask for? 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

3923 Esquire Place
Indianapolis, IN 46226

$44,900
CLICK FOR PICTURES
CLICK FOR VIDEO


BEDROOMS: 3
BATHROOMS: 1
SQUARE FOOTAGE: 1,073
YEAR BUILT: 1961
An awesome BRRRR investment opportunity in Lawrence area. This well cared for asset will achieve a 12% Cap Rate generating a monthly income of$500+/month.

This valuable property has recently become vacant so rehab can start immediately. A fresh coat of paint, new carpeting, and minor updates will make this a a value adding rental.

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.

Post: GREAT Flip/Rental in Indianapolis! Butler U! $160k ARV, ONLY $40k

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

Look at this MAGNIFICENT flip or rental next to Butler University! House directly next door was a 2BR and sold for $110k! This masterpiece is a perfect investment for this spring...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

4027 Graceland Ave
Indianapolis, IN 46208

$39,900
CLICK FOR PICTURES
CLICK FOR VIDEO


BEDROOMS: 3
BATHROOMS: 1.5
SQUARE FOOTAGE: 1,872
YEAR BUILT: 1920
A FANTASTIC investment opportunity in Butler-Tarkington. With an ARV of $160,000, the smart investor will profit $50,000.

Approximately $60,000 of rehab needed but still plenty of equity left to make this a valuable portfolio asset.

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.

Post: PERFECT Indianapolis B-Class BRRRR Asset! $120k ARV, ONLY $82,900

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

Beautiful home and wonderful opportunity for an investor who wants a B-Class NEWER CONSTRUCTION home in Indianapolis--with LITTLE WORK NEEDED! 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

1921 E Werges Ave
Indianapolis, IN 46237

$82,900
CLICK FOR PICTURES
CLICK FOR AERIAL VIDEO
CLICK FOR VIDEO


BEDROOMS: 4
BATHROOMS: 2.5
SQUARE FOOTAGE: 1,680
YEAR BUILT: 2000
An awesome Class B+ Flip or Rental on the south side....less than a mile from University of Indianapolis. This fabulous 4 Bdrm / 2.5 Bath property will achieve a hefty 8%+ Cap Rate and/or $20,000 Profit.

Standard rehab of paint, flooring, and cleaning will make this this a CASH COW for any investor. Fantastic opportunity for the savvy investor of off-campus student housing.


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.

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

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

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.