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Jynell Berkshire
Pro Member
  • Real Estate Attorney, Broker, Investor
  • Indianapolis, IN
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207
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AVAILABLE TODAY Indianapolis - 4 SFHs Looking For Investor Partners

Jynell Berkshire
Pro Member
  • Real Estate Attorney, Broker, Investor
  • Indianapolis, IN
Posted Jun 2 2014, 06:10

I am the Chair of a local 501(c)(3) organization, Grandview Community & Economic Development Corporation, that is currently purchasing, rehabbing and/or selling properties through a special non-profit property program in Indianapolis/Marion County. We have 4 SFHs available now for purchase.

We are looking for investors to partner with the nonprofit. It is a great investment opportunity, plus the investor can get a tax deduction!

The average ROI is 17-21%. The purchase price and rehab "ALL IN" cost is $30-$40,000. Average rent rate is $650-$750 a month.

Properties are:

1. 2908 Meredith Avenue, 2 BR, 1 Bath

2. 1610 English Avenue, 2 BR, 1 Bath

3. 3034 E. 35th Street, 3 BR, 1.5 Bath

4. 3848 N. Tacoma Street - 3BR, 1 Bath

Happy to discuss the program specifics and send investor packets on each property for review. Please contact me to learn more.