1503 East Markwood Avenue Indianapolis IN 46227 | Keller Williams Realty

  • 1503 East Markwood Avenue 

  • Indianapolis, IN 46227
  • 0 bed | 0 fullbath | 0 sqft | Other
  • $600,000

  • Est. Monthly Payment: $1,232,123/mo calculator
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Chris Price

cdpe, indianapolis business journal top 35 agent

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What is Nearby 46227:

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Description

UINDY College Housing single family rental portfolio located in University Heights. Rare offering on these select, established investment properties in the exploding campus of University of Indianapolis. Package of 5 properties are all rented through at least 2018-2019. Track record of performance, appreciation, rent increases with additional value-adds available. Possibility to build out additional bedrooms within properties, add on to structures, etc. High demand area among students. Growing overall tenant base in area with proximity to downtown and the new Red Line Transit System running down Shelby to connect to Broad Ripple. Take note of this portfolio with 8% cap rate. Terms for seller financing may be available. This is a must see!

Interior Features

  • Bedrooms: 0
  • Full Baths: 0
  • SQFT: 0

Exterior Features

  • Lot Size: 32670.000000
  • Stories: 0

Utilities

Community Details

  • School District: Indianapolis Public Schools

Additional Information

  • County: Marion
  • Property Type: Other
  • Ski Subdivision: University Heights
  • Annual Taxes: 16954
  • Year Built: 1927

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