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:
Finished Sq Ft:
Unfinished Basement
Owner / Agent:
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:

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.

Northwest Indiana Creative Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.  (Northwest Indiana Creative Investors Association) does not give legal, tax, economic, or investment advice. NICIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   Poster may be selling their equitable interest in said property(s).

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Northwest Indiana Creative Investors Association

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Crown Point, IN 46307
(219) 313-1565

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