HUGE 4-Unit in Indianapolis! 21% CAP RATE, ONLY $54,900!

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HUGE 4-Unit in Indianapolis! 21% CAP RATE, ONLY $54,900!

Indianapolis, IN · Member since 2013 · 549 posts · 310 votes

Take a look at the incredible cash flow that this separately metered, excellent 4-unit building in Indianapolis has to offer! Almost ALL new mechanicals, with 3/4 units already occupied! Great purchase, better return! See below:

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2808 N. Capitol Avenue

Indianapolis, IN 46208

CLICK HERE FOR PICTURES

Unit 1: 1BR/1BA/890 square feet [VACANT]

Unit 2: 1BR/1BA/890 square feet [OCCUPIED]

Unit 3: 1Br/1BA/890 square feet [OCCUPIED]

Unit 4: 1BR/1BA/890 square feet [OCCUPIED]

EVERYTHING SEPARATELY METERED! Almost brand new mechanical units, including A/C!

This is it! Look at this AMAZING 4-unit portfolio income opportunity that is in a highly gentrifying area of Indianapolis--equidistant between the world famous Children's Museum and Ivy Tech Community College. Incredibly unique cash flow opportunity!

With 3/4 units already occupied and cash flowing, you will only need to spend MINIMAL money to get the entire property cash-flowing and producing a 21% CAP RATE, or over a 60% CASH ON CASH RETURN! What an incredible investment the savvy IRA investor!

Contact us today for more information--this one will not last long!

CLAY MANSHIP

317-828-4972

[email protected]

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  • San Ramon, CA · Member since 2017 · 78 posts · 97 votes
    8y

    You have P/L or OM available for this?


    Cheers,
    ART

  • Investor · Bonita Springs, FL · Member since 2015 · 54 posts · 12 votes
    8y

    Is this still available? Thanks. PM if so.

    Ben

  • New Haven, MI · Member since 2017 · 75 posts · 1 vote
    8y

    STIILL FOR SALE

  • Seattle, WA · Member since 2016 · 249 posts · 54 votes
    8y
    Interested. Please send details to [email protected]
  • Rental Property Investor · Westmont, IL · Member since 2015 · 34 posts · 3 votes
    8y
    Hi Clay. If this is still available, please contact me at [email protected]. Thanks!
  • Real Estate Agent · San Francisco, CA · Member since 2016 · 105 posts · 21 votes
    8y

    Hi Clay,

    Please send detail to [email protected] Thank you!

    Lynn

  • San Jose, CA · Member since 2017 · 30 posts · 2 votes
    8y

    Hi Clay, is this still available? Can you please email additional details?

    Ready to move fast.

    Thanks,

    Sean

    [email protected]

  • Rental Property Investor · Raleigh, NC · Member since 2017 · 50 posts · 21 votes
    8y

    Clay if you could send info that would be greatly appreciated

    OM, T12, rent rolls, last purchased/priced, to [email protected]

    Thanks

  • Indianapolis, IN · Member since 2013 · 549 posts · 310 votes
    8y

    Hi @Account Closed

    This one sold pretty quickly, as most of our 4 unit properties do. However, we should have another 1-2 in inventory here shortly this month, so please keep your eyes peeled for our marketing e-mails. There are plenty more to come!

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