North Lesley Avenue Indianapolis , IN

North Lesley Avenue Indianapolis , IN

Property Summary

Type Single Family Home
Price $ 75,000
Rent $ 850 / mo
NOIDefinition $ 524 / mo
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Indianapolis Highlights

Indianapolis Properties:
  • Fully-Renovated Single Family Homes in Owner-Occupied Communities
  • Tenants and Local Property Management in Place
  • 8% Average Cap Rate
  • Hand-Selected Micro Markets
Indianapolis Market:
  • The most stable real estate market in the country (declined less than 7% during recession).
  • 2.7% unemployment rate - one of the top 3 lowest in the U.S among large MSAs (Source: BLS.gov).
  • Job growth - Kroger's $465 million investment continues with 33 stores and 3,440 new jobs by 2017 (Sources: BLS, IndyStar.com).
  • College town - universities create consistent rental demand.

Disclaimer

All representations about this property--including but not limited to its features, expenses and potential rent--are made exclusively by the Seller and are not verified or guaranteed by Maverick. It is the sole responsibility of the buyer to do your own due diligence and independently verify all numbers presented here.
Due Diligence

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