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Archived about 1 year ago

$155,000

3 bd ba

179 Sugarwood Ln, Avon, IN 46123

Residential SFR

Current Rent **

N/A

Projected Rent **

$1,900

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

AVON CONDO!! Quick Flip or Wholetail in Fairway Hills!

Check out this great 3/2.5 condo in Avon's Fairway Hills association. This could be a quick flip and list or wholetail (clean it out and list it "AS IS"). Per the seller, the HOA covers the upkeep of the exterior including roof, gutters, siding and porch. It also covers snow removal, lawn care, gutter cleaning, trash, and water.

The mechanicals are leased and the sale comes with the buyer taking over payments around $190/month. This includes the furnace, AC, water softener and water heater. The service for the mechanicals includes filter replacement and salt replenishment along with regular service.

Roof - HOA covers
Furnace - 4 years
AC - 4 years
Water heater - 4 years
Windows - Vinyl
HOA dues - $304 per month

Do NOT disturb occupants. Pleas reply for showing information.

Recent Fairway Hills condo sales include:
203 Sugarwood - SOLD $175k (ONLY 2/2, 887 sf, 12 DOM)
148 Sugarwood - SOLD $201k (ONLY 2/2, 887 sf)
137 Sugarwood - SOLD $239900 (3/2, 1875 sf, 6 DOM)

Location:

179 Sugarwood Ln, Avon, IN 46123

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.