This is the one you have been waiting for. A true 4-unit apartment building located between two gentrifying neighborhoods of downtown Indianapolis. Currently 100% occupied, with room for rent increases. What else could you ask for? SEE BELOW:
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Joint Ventures - Construction Management - Private Lending - Property Management
The #1 Source for OFF MARKET & DEEPLY DISCOUNTED
Indianapolis Investment Properties
VIEW ALL OF OUR AVAILABLE WHOLESALE INVENTORY HERE |
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2860 N. Capitol Avenue
Indianapolis, IN 46208
$64,900 |
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BEDROOMS: 1 (per unit)
BATHROOMS: 1 (per unit)
SQUARE FOOTAGE: 720 (per unit)
YEAR BUILT: 1917 |
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NOW is the time to act. 4-Plexes in Indianapolis RARELY become available, and this one could be yours! Look at this incredible cash cow in the heart of an appreciating area of Indianapolis! Conveniently located between the fantastic Mapleton Fall Creek and the world-famous Indianapolis Children's Museum! You will NEVER struggle to find a tenant in this location!
This great 4-plex is currently 100% occupied by long term tenants. While they are paying under market rent ($325/month per unit) rents can EASILY be raised once once you take control of the property--bringing this incredibly rare opportunity to produce a 15%+ CAP RATE in your portfolio!
The property is in need of ZERO immediate repairs--just sit back and collect your checks! When tenants move out, there will be some minor cosmetic upgrades necessary in order to attract higher rents and great tenants, but each dollar you spend on the property will come directly back to you by means of a higher return on investment.
WANT TO RETIRE MORE QUICKLY? ACT TODAY! |
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THE MAINSTAY FAMILY OF COMPANIES OFFERS:
1. CONSTRUCTION MANAGEMENT--Use our contractors, let us manage your project.
2. PROPERTY MANAGEMENT--Our in-house property management will service your asset.
3. PRIVATE LENDING--We lend our own money to help you acquire undervalued assets.
4. JOINT VENTURES--Don't want to go it alone? Let us do the project with you. |
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WE OFFER FINANCING ON ALL OF OUR PROPERTIES. |
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