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All Forum Posts by: Chris Piper

Chris Piper has started 2 posts and replied 2 times.

Post: Duplex in Elkhart – $65k | ARV $170k | Priced to Move

Chris PiperPosted
  • Wholesaler
  • Mishawaka, IN
  • Posts 4
  • Votes 0

πŸ“ 311 Hillside Ct, Elkhart, IN 46516

πŸ’΅ Price: $65,000

🏠 Property Type: Duplex (1 bed/1 bath + 2 bed/1 bath)

πŸ“ Total Size: 1,536 SF

Deal Snapshot

  • ARV: ~$170k
  • Rehab: ~$20k (light – one unit nearly turnkey)
  • All-In: ~$87k
  • Current Rent: $775/mo (1/1 tenant, 5+ yrs, currently month-to-month)
  • Market Rent: ~$2,140/mo total
  • Cap Rate (Pro Forma): ~19.6%
  • RTCR: 2.46%

Highlights

βœ… Nearly turnkey duplex with upside

βœ… Current tenant has 5-year payment history

βœ… Vacant unit nearly rent-ready

Terms

  • $2,000 EMD
  • Close at Michiana Title (Mishawaka, IN)
  • Sold As-Is

πŸ“² Contact:

Chris – Urban Rise Equities LLC

Call/Text: (574) 807-6647

Email: [email protected]

⚑ Serious cash buyers only. First EMD in takes it.

Post: Investor Special - South Bend, IN! 4/4 1,990sf SFH

Chris PiperPosted
  • Wholesaler
  • Mishawaka, IN
  • Posts 4
  • Votes 0

(link to all pictures) https://drive.google.com/drive/folders/1YH7Flcl15vJhxxgG8gqy...

622 Portage Ave South Bend, IN 46616

4 bedrooms | 4 baths | 1,990 SF | Single Family Home | 3 stories

Price: $141,900

ARV: $290,000-$310,000

(EMD $3,000)

PROPERTY DETAILS:

Rehab: $100,000

REPAIRS NEEDED

Small roof repair

A few siding pieces replaced

Electrical(full)

Plumbing(full)

Some Interior Framework

Insulation(full)

Drywall(full)

Interior paint(full)

Flooring(full)

Trim(full)

Doors(full)

New Bathrooms(full)

New Kitchen(full)

Front steps/railing built

Back concrete steps evened out and a railing built

Large tree stump removed in the back yard

Landscaping

Appliances

Exterior pressure washed

Basement(a lot of dirt that needs to be removed)

Soffit(some pieces need changed)

Shutters

Brickwork(minor)

Windows(most are new but needs some new ones to match)