10 property portfolio for sale in Indianapolis. 10 are SFR and one is a duplex. This is a turnkey investment with management in place!

10 units are rented, some with long time tenants, that have been rehabbed and well maintained, 1 property is rent ready.

10 properties are located in Lawrence Township. Great location. Great School district. High demand for rentals. 1 property is located in Warren Township close by to the rest, great location as well, attracting quality tenants. All properties are on slab foundation...no basement leaking to deal with!

Some minor repairs needed, such as 2 dishwashers need replacement (tenants have not asked for it, so it would be at next tenant turnover). One house needs a little soffit repair, another could use new gutters. And one house should have a water softener installed due to hard water. No immediate repairs needed, but these are recommended.

One property is a duplex and is individually metered. Tenants pay all utilities at all properties.

Total monthly gross rent: $7950

Total yearly est. property tax: $9059.52 ($754.96/month)

Prop. mgmt. fee: 10%

Prop. insurance: TBD, but around $500-650/month

This is a great performing portfolio. Sales price is 600k for the entire portfolio.

Serious inquiries only. Buyer pays all closing cost (est. $1k per property). Closing target: 7/2/18

Please PM for more info. Pictures available.