$3,675,000
3424 Indiana Ave, FORT WAYNE, IN 46806
Current Rent **
$10,000+
Projected Rent **
$10,000+
Unit 1 Details
- Current Rent: $24,438
- Bedroom: 5+ bd
- Bathroom: 2 ba
- Square Footage: 0 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
Unit 2 Details
- Current Rent: $1
- Bedroom: 5+ bd
- Bathroom: 4+ ba
- Square Footage: 0 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
Unit 3 Details
- Current Rent: $1
- Bedroom: 5+ bd
- Bathroom: 4+ ba
- Square Footage: 0 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
Unit 4 Details
- Current Rent: $1
- Bedroom: 5+ bd
- Bathroom: 2 ba
- Square Footage: 0 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
MULTI FAMILY 40 SFH PROPERTY PACKAGE DEAL!! CASH FLOW!!
CASH FLOW!!! 40 SFH PROPERTY PACKAGE DEAL;
Well positioned portfolio consisting of 40 Single Family Homes.
Where great investment meets great location.
Stable rental cash flow and optional Professional management in place.
Several long term tenants with room to increase rents. Value add opportunity.
Many of the properties are located in the better parts of the city close to businesses such as Macys, Starbucks, Kohls, Trader Joes, Amazon, etc.
Fort Wayne is experiencing high gentrification /
City boasts several world class universities and medical facilities.
Great cash flow hedge..
Fort Wayne Indiana was positioned #1 city in the country for real estate rental strength as of spring 2019 Zillow research ,and rated #3 in the nation for rental Real Estate as featured in Wall Street Journal 2021.
High NOI and 9.8% cap rate enabling quick compounding of rents into your next forward portfolio purchases. Watch your portfolio grow quickly with strong rent yields to purchase price ratios.
Close of escrow will include several of the owner retained security deposits turned over to buyer totalling approx $22,000.
All copies of leases will be turned over to buyer before closing, and pro rated rents will be deducted from the final sales price to be paid by buyer. All keys for all units will be turned over to buyer upon closing. Not interested in owner carry financing sorry. Please no wholesalers thanks.
Call/ Text for more details (260)209 4117 or email; [email protected]
Location:
3424 Indiana Ave, FORT WAYNE, IN 46806
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** 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.
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