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Updated over 7 years ago on . Most recent reply

User Stats

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

Perfect Indianapolis BRRR! $65k ARV, ONLY $44,900! Perfect Shape!

Clay Manship
  • Indianapolis, IN
Posted

A rent ready masterpiece in a great area of downtown Indianapolis! With a discount to market value like this, and with a tenant paying $700/month already in place, there is nothing for the new owner to do! Simply write a check, collect your cash flow, and enjoy the long-term appreciation. See below:

_________________________________________

A MAINSTAY PROPERTY GROUP COMPANY
Construction Management - Joint Ventures - Private Lending - Property Management



Voted The #1 Source for OFF MARKET & DISCOUNTED
Indianapolis Investment Properties

1604 E. LeGrande Avenue
Indianapolis, IN 46203

$44,900
CLICK FOR PICTURES


BEDROOMS: 2
BATHROOMS: 1
SQUARE FOOTAGE: 853
YEAR BUILT: 1936

IMMEDIATE INCOME! This excellent property is occupied generating income of $400/month. Any investor should want this 10% CAP RATE asset in their portfolio.

This amazing property truly needs MINIMAL (if any) REHAB. The AC, windows, water heater, and siding are all new....recent paint and flooring!



Are you looking to JOINT VENTURE? Seeking financing? We would love to work with you. CONTACT US TODAY!
QUESTIONS OR OFFERS?


Cory Manship

317-707-6191

[email protected]

CIRCLE CITY REAL ESTATE
OFFERS:
1. CONSTRUCTION MANAGEMENT--Use our contractors, let us manage your project.

2. JOINT VENTURES--Don't want to go it alone? Let us do the project with you.

3. PRIVATE LENDING
--We lend our own money to help you acquire undervalued assets.

4. PROPERTY MANAGEMENT--Utilize our trusted property management partners who currently manage 300+ units on behalf of our clients.
WE LOVE WORKING WITH REALTORS!
If you have a CASH buyer for this property, please add your own fee on top of our listed price.
  • Circle City Real Estate is a wholly-owned subsidiary of Mainstay Property Group, LLC; Indiana licensed real estate brokerage #RC51700211.
  • Property is being sold as-is, where-is.
  • Circle City Real Estate or a related entity is selling interest in an executed purchase agreement with current ownership.
  • All figures expressed either verbally or in marketing material is to be an estimate. There are no guarantees or assumptions, either made or implied. Buyer should conduct their own due diligence.
  • Property is to be sold to INVESTOR CASH BUYERS only.
  • Buyer shall be responsible for paying ALL associated closing costs.
  • In order to secure purchase, Buyer must deliver $2,500 NON-REFUNDABLE earnest money check to Monument Title Insurance Company, at 1848 N. Alabama St, Indianapolis, IN 46202.
  • If property is occupied, please do no disturb occupant. Occupant/tenant rights apply. Please contact our team for access instructions.
Offering

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