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Updated over 7 years ago on .

User Stats

549
Posts
310
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Clay Manship
  • Indianapolis, IN
310
Votes |
549
Posts

Indianapolis BRRRR--Nearly Rent Ready, TONS of Equity! ONLY $49k!

Clay Manship
  • Indianapolis, IN
Posted

Another fantastic property in Indianapolis brought to you by Mainstay Property Group! Get a cash flowing asset in a great Indy rental neighborhood with NO money out of pocket! See details below:

________________________________________

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
10125 Meadowlark Drive
Indianapolis, IN 46235

$49,900
CLICK FOR PICTURES
CLICK FOR VIDEO
CLICK FOR MLS COMPS


BEDROOMS: 3
BATHROOMS: 2
SQUARE FOOTAGE: 1,236
YEAR BUILT: 1971


Tons of equity and ample cash flow in this excellent Lawrence Townshiprental! Allow your portfolio to experience the benefits of a true "BRRRR" strategy home--with an all brick, maintenance-free exterior. Over $20,000 in EQUITY and an ~11% CAP RATE!

Property just had tenants move out (were paying $750/month), so the home will need cosmetic upgrades and a tenant turn in order to lease out at optimal rent rates of $850+/month, however, with a budget of $6,500, rehab could include all flooring, paint, fixtures, and kitchen & bathroom upgrades. This home is waiting for YOU!

Are you seeking acquisition financing or construction management?CONTACT US TODAY!

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.

WE OFFER FINANCING ON ALL OF OUR PROPERTIES.
CLICK FOR GUARANTEED FINANCING
QUESTIONS OR OFFERS?


Clay Manship

317-828-4972


[email protected]
Offering