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5918 Devington Road
Indianapolis, IN 46226
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
37 Units <ul><li>Professionally managed, income-producing multi-family portfolio on Indianapolis' east side</li><li>8 buildings and 37 residential units offering immediate scale, built-in diversification, and operational efficiency</li><li>Mix of predominantly two-bedroom units and some one-bedroom units generating strong gross scheduled rent</li><li>Well-maintained units with ongoing updates - true turnkey acquisition</li><li>Located in well-established neighborhood with consistent rental demand at
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
