LEAN estates
MULTI-FAMILY REAL ESTATE INVESTMENTS

News

Firm Deals, Announcements, and Investment Updates

3-Unit Triplex Wholesale Undercontract

$80K

1403 Spy Run Ave
Fort Wayne, IN 46805

SUMMARY

Highlights

Collect $1,458/month OR MORE on this
3-Unit Property in Fort Wayne, IN!
**SELLER FINANCING**

  • Are you looking for real passive income?
  • Are you looking to multiply your returns in real estate?
  • Tired of competing over single family units?
  • For less than the price of many Single Family Homes, you can have 3 income-producing units!

PRICED TO MOVE QUICKLY:  $80,000
Don’t miss out!

Investment Opportunity

  • PURCHASE PRICE: $80K

  • BUILDING CLASS: C

  • LOCATION CLASS: C

  • OCCUPANCY: 100%

  • MARKET CAP RATE: 7%

  • SELLER FINANCING AVAILABLE

  • NEW BUYER WILL BE ASSIGNED THE CONTRACT TO CLOSE

  • PRICE INCLUDES THE ASSIGNMENT FEE


Investment Benefits

  • PRO CAP RATE: 9.84%

  • PRO CASH FLOW: $293 MONTHLY

  • 1ST YEAR PRO ROI: 19.47%

  • OCCUPANCY: 100%

  • STABLE PROPERTY

  • $6K REPAIRS NEEDED

  • SELLER FINANCING AVAILABLE

  • GREAT MIX OF TWO 1 BED/1 BATH AND ONE 3 BED/3 BATH