MultiFamily Investment Portfolio for Sale at 3434 North Capitol Avenue

FOR SALE

$9,272,000

3434 North Capitol Avenue, Indianapolis, IN 46208

124

Units

70.0K

PPU

Property Description

Units

124 — PPU: 70.0K

SVN Northern Commercial is pleased to present an exceptional investment opportunity consisting of 15 multifamily SRO properties located in the growing city of Indianapolis. This portfolio consists of 124 SRO units with 59 of the units being new construction which was initiated in 2021 and the other 43 units being fully renovated in 2015. These properties offer an investor cash flow in a growing Midwest market.

Property Details

Asset Type

MultiFamily

Neighborhood

Indianapolis

Submarket

Indianapolis

ZIP

46208

Listing Type

sale

Offering Memorandum

Download

Purchase Price ($)

Down Payment (%)

Interest Rate (%)

Amortization

Loan Term

Gross Income ($)

Vacancy Rate (%)

Mgmt Fee ($)

Insurance ($)

Maintenance ($)

Utilities ($)

Property Taxes ($)

Reserves ($)

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$527,448

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$43,954

Annual Debt Service

$527,448

View on Map

Address

3434 North Capitol Avenue

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Indianapolis MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

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