Sunday, July 10, 2011

Grand Investment

350 Units Indianapolis, IN


For the low price of 3,300,000 plus 3
Price and information inside attachments


 Site amenities are: Two story community building, leasing /management office, Huge Olympic size pool, large play ground area, and on site laundry facility



Potential gross monthly rent is $140,000


Current gross collected rent is 68-70k


Annual gross collecting rent is $1,674,288


Estimated price per a door after repair: 13,000


The units can be evaluated at $24,000/door after the renovations and cash flow

Estimated total renovation and construction cost is 1,5000,000


Estimated all in cost is: $4,800,000

*Purchase price + 3% fee
For further info send me a email and I will send it to you.
R. Jennings
(818) 538-9RFJ

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