US Investment Property with 20% Yield - Apartments for Sale, Real Estate - Number of Bedrooms: 1, Number of Bathrooms: 1 - Indianapolis, Indiana, United States

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US Investment Property with 20% Yield
Date & Time Listed: 2014-04-17 12:47:59 (GMT)

Posted in Categories: Real Estate, Apartments for Sale - Number of Bedrooms: 1, Number of Bathrooms: 1
Posted From: United States, Indiana, Indianapolis

Ad Details:

In Indianapolis, Indiana we have an amazing multi-family investment opportunity for sale. Each building has 12 apartments, six of the 1 bedroom and six of the 2 bedroom layout. The 1 bedroom layouts average 570 square feet & the 2 bedroom 740 square feet per unit. The average rents per apartment in the immediate area in April 2014 are shown in the tables, giving a blended average of $500 per apartment per month. 12 apartments would therefore generate a gross annual income of $72,000 per annum. There are 5 buildings for sale, the apartments in each building require a certain amount of renovation. Renovation costs vary per apartment but others on the same complex have cost between $1,500 for light work to $10,000 for a full refurbishment. We have full recent documentation showing these costs.

Other Details:

Number of Bedrooms: 1
Number of Bathrooms: 1

Price: 300,000.00 USD

Keywords:

Appartments for sale, Opportunity, US Investment, Indianapolis
For more details about this listing please click here to access the webpage provided by listing owner.

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Posted in Categories: Real Estate, Apartments for Sale - Number of Bedrooms: 1, Number of Bathrooms: 1 Posted From: United States, Indiana, Indianapolis

Posted in Categories: Real Estate, Apartments for Sale - Number of Bedrooms: 1, Number of Bathrooms: 1
Posted From: United States, Indiana, Indianapolis