JV 23-Unit Deal in Indianapolis, Indiana!

JV 23-Unit Deal in Indianapolis, Indiana!

Investor · Indianapolis, IN · Member since 2018 · 1k+ posts · 756 votes

Investment Info:

Large multi-family (5+ units) commercial investment investment.

This was an off market deal in Indianapolis, IN that we acquired directly from the owner. We plan to put this property through a substantial value-add strategy including interior renovations, exterior paint, and a new professional sign. After completing the renovations we plan to refinance and then hold long term to collect cash flow!

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  • Investor · Batavia, IL · Member since 2014 · 99 posts · 81 votes
    4y

    Congrats Justin,

    Sounds like a good project. Would love to hear the numbers when you get to completion.

    Regard,

    Joe

  • Real Estate Consultant · Denver, CO · Member since 2021 · 661 posts · 389 votes
    4y

    @Justin Goodin Good work! It is not easy to find good investment properties right now. Also, timing those improvements can be very advantageous to you for tax benefits and additional cash-flow. By leveraging cost segregation and the Tangible Property Regulations (TPR) of 2014, you will substantially increase your cash-flow. 

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