Is anyone buying condos in Indy?

Is anyone buying condos in Indy?

Las Vegas, NV · Member since 2008 · 92 posts · 14 votes

We getting 24 condos with a package of SFR's that we're buying and we're considering selling them rather than holding.

If anyone is buying condos in Indianapolis and has interest, please PM me and I'll provide details. They're all at least 2 bedrooms and no older than 2008.

Thanks!

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  • Real Estate Investor · Chicago, IL · Member since 2011 · 139 posts · 101 votes
    12y

    A couple of questions:

    -Are the condo's all in 1 complex or scattered throughout the city?
    -How many condo's are in the complex (s) (i.e. what % of ownership of the HOA will this lot represent)
    - What is the average rent, average HOA fee and average selling price?
    - Are you aquiring these from an investor or directly from a bank as REO's?

    The answers to the above questions will help BP members se if they are interested and feel free to send additional information directly to my email.

  • Las Vegas, NV · Member since 2008 · 92 posts · 14 votes
    12y

    Craig,

    I'm sending you email. But here are some of the answers for the BP community.

    1. They are spread through 6 complexes.

    2. Rent, HOA, will be sent in the email.

    3. They are being acquired from a private owner, not a bank.

    Thanks,

    Richard

  • Real Estate Professional · Indianapolis, IN · Member since 2013 · 25 posts · 3 votes
    12y

    Can you send me some more info? [email protected]

    Thanks,

    Drew

  • Investor · Covington, OH · Member since 2013 · 17 posts · 2 votes
    12y

    Please send me more info as well. [email protected]

    Thanks,

    Evan

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