2931 N Capitol AVE N Pending Save Request In-Person Tour Request Virtual Tour
IN 46208
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Joseph H Clarks N Capitol
MLS Listing ID 21990135
Year Built 2024
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
I am pleased to present to market a build-to-rent duplex in Indianapolis, IN. This duplex consists of a multi-level matching three-bedroom two-bathroom floor plan. Price point for these new construction duplexes ranges from $400K-$450K, depending on the lot location and market rent (rent target $1,800-$2,000). We cover all up-front costs including the land, labor, materials, and at the closing table you are delivered a rent-ready duplex. That said, we are seeking 25% down (roughly $100K) to get the ball rolling and target a contract-to-close timeframe of approximately 120 days. All said, we have sold year-to-date 22 Build-to-Rent duplexes and are continuing to close lots for future development. I look forward to connecting and discussing this opportunity with you further. The builderis a merchant builder throughout the downtown and greater Indianapolis region specializing in build-to-rent multifamily in infill lots throughout the city for new and seasoned investors. To learn more
Location
State IN
County Marion
Zoning D5
Building
New Construction true
Schools
School District Indianapolis Public Schools