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Great Duplex Cash Flows at 28%! Home Warranty!
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| Status: |
Available |
| Property Type: |
Duplex |
| Price: |
USD 237,000 |
| Location: |
399 & 391 Fallon Lane |
| Directions: | I70 East to Exit 104 (Greenfield). South on N State (IN-9). East on Muskegon Dr. South on Fields to Warren Way. |
| Style: |
One Story |
| Year Built: |
2000 |
| Garage: |
Attached |
| Garage Cars: |
2 |
| Submission Date: |
03-04-2008 |
| Last Update: |
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| Guaranteed Market Rents for the First Year! Home Warranty Included! Cash flow of 28% in the first year! This well established rental community of Broadway Village is comprised of 160 total units with property and maintenance management on site. The structures are less than 10 years old. The community offers family play areas and ponds for tenant enjoyment.This well established rental community in the heart of Greenfield, Indiana offers luxury and style through single family attached homes with many amenities. Greenfield is the county seat of Hancock County, Indiana and home to 14,000 Hoosiers. Accented by annual events such as the Riley Festival and Entertainment on the Plaza, Greenfield is a great place to live! Beyond these opportunities, Indianapolis is just a 15-minute drive away. Greenfield is close enough to Indy’s “big city” amenities without losing it’s own small town identity. Several sites offer water front views of the fish-stocked ponds and access to community activity areas. This 160 unit site is comprised of a wide range of units combined as duplexes and quadplexes. The buildings were constructed in three phases beginning in 1998 and are of quality construction built by Gunstra Builders. To add to your confidence of the structure, there is a FULL ONE YEAR HOME WARRANTY on all units. All property is professionally managed by on site personnel giving you peace of mind knowing that your investment is being managed competently and professionally. With a constant campaign and strong history of occupancy, you can feel confident your investment will provide cash flow. These properties are located just minutes away from Indianapolis and the Mount Comfort Airport, and within the great school system of Greenfield-Central School Corp. The unemployment rates are among the lowest in the nation. The excellent location with good business infrastructure (a good mix of retail, professional, and industrial) and increasing employment market (see articles below), is why the occupancy rate is one of the strongest in the area bringing in consistent cash flow at a premium rate. Our company has been supplying the investment community with cash flow products for many years. We have clients throughout the world who have added our products to their portfolio. We bring these cash flow vehicles to you through in-depth analysis and thorough review. Full proforma available upon request. |
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