Alec Neu

Builder-Developer | New Construction Duplexes & Quadplexes for Buy & Hold Investors | Indianapolis I build new construction rental properties for long-term investors. ABOUT NEU REAL ESTATE GROUP Neu Real Estate Group (NREG) is a vertically integrated builder-developer based in Indianapolis. For the past three years we've focused on one thing: building investment-grade duplexes, quadplexes and townhomes on infill lots in Indianapolis and surrounding markets and selling them to investors who want to hold for the long term. WHAT WE DO • Find and entitle the land. We acquire infill lots in neighborhoods with strong rental demand and handle zoning, variances and permitting. • Design for rentals. Every floor plan is built around what tenants want and what investors need to cash flow. These aren't owner-occupant homes converted into rentals. • Build it. We manage construction from site work through certificate of occupancy. • Sell to investors. Each property is sold as a finished, rent-ready asset. • Back it with a warranty. Every property comes with a 1-2-10 builder warranty: 1 year on workmanship, 2 years on systems and 10 years on structure. • Connect you with management. We work with trusted third-party property management teams who can place tenants and run the property after closing, so the investment is truly hands-off. OUR BUILDING MODELS • The Marion: duplex with two 2BR/2BA units, 980 SF each • The Lexington: duplex with two 3BR/2BA units, 1,296 SF each • The Walcott: quadplex with four 2BR/2.5BA units, 1,300 SF each • Townhomes: for investors who want individually titled units WHY BUY & HOLD INVESTORS BUY NEW • No deferred maintenance or surprise capex. New roofs, HVAC, plumbing and appliances. • A 1-2-10 builder warranty protects your investment long after closing • Lower turnover and stronger tenant appeal than older housing stock • Simple to finance with DSCR loans • One team handles land, entitlement and construction, so nothing gets lost in a handoff TAX ADVANTAGES OF NEW CONSTRUCTION • More depreciable basis. A new building makes up more of the purchase price than land does, so more of your investment can be depreciated. • Cost segregation and bonus depreciation. New construction is well suited to cost segregation studies, which can speed up depreciation on components like appliances, flooring, fixtures and site improvements. • 1031 exchange friendly. New, rent-ready properties are a clean replacement option for investors deferring capital gains. • Long-term wealth building. Depreciation can help offset rental income while the property appreciates and tenants pay down the debt. Talk to your CPA about how these apply to your situation. WHERE WE BUILD Indianapolis and surrounding areas, including Beech Grove, Fortville, Anderson, Muncie, Yorktown and other growing Central Indiana markets IDEAL FOR Out-of-state investors, 1031 buyers, DSCR investors, high-income earners looking for tax-efficient real estate, and anyone building a portfolio of cash-flowing Midwest doors without the headaches of a rehab GET IN TOUCH 📞 317.934.2443 ✉️ [email protected] 🌐 neurealestategroup.com DM me or reach out to see current inventory and join our off-market list.