2818 North Capitol Avenue

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2818 North Capitol Avenue

Indianapolis, IN 46208
Asking Price
Contact for price
Asset Type
Student Housing Multifamily
Class
Class B

What's Special

100% Lease | $7k/mo | Fully Furnished | Immediate Cash Flow <ul><li>​SELLER FINANCE AVAILABLE</li><li>​<strong>"Currently $7,000/month with upside via mid-term or short-term rental strategy due to proximity to hospitals and major attractions."</strong></li><li>​<strong>Ease:</strong> turnkey, furnished, no rehab</li><li>​<strong>Stability:</strong> 100% occupied, T12 proven</li><li>​<strong>Financing:</strong> no bank needed</li><li>​<strong>Upside:</strong> mid-term / travel nurse potential</li><li>​<strong>Multiple Exit Strategies:-</strong></li><li>​<

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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

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