This Property is Not Active


2585 W 11th Ave, Gary, IN 46404

Multiple Family / 0 Bedroom(s)

Property Status:  Not Available | $95,000.00 (Wholesale) | 


Property Photos


14-Unit Apartment Building for Sale!!!


Property Status:
Not Available | $95,000.00 (Wholesale)
Property Details:
Multiple Family / 0 BR
Property Style:
5+ Units
Year Built:
1917
Finished Sq Ft:
14,500
Basement:
Unfinished Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
Helping Our People Evolve LLC
(219) 758-1553

View on Individual's Website
Property Description:
14-unit building3 Stories: on the top floor there are 6-1 bedroom units; on the second floor there are 4-2 bedroom units; on the first floor there are 4-2 bedroom units ARV: $850k (Calculated using the rule of 100 x monthly revenue - 15% vacancy) at $600/month for 1-bedrooms + $800/month for 2-bedrooms (rents could easily be higher, but I wanted to be on the safe side) Estimated Rehab: $450k (Quoted by GC Edwin Sims, he is available for this project if GC is needed) Asking: $95k  Pictures: dropbox.com/sh/kgwq6ejyu7qrzij/AAAADJaRvb-MoUc6fxBGpnc3a?dl=0

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

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Crown Point, IN 46307
(219) 313-1565

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