ROOTS DEAL SHEET 5.22

RACE WEEK!!! 🏁
I’ve got some deals to bring the heat — whether you’re looking for cash flow, flips, or long-term holds, this week’s lineup has something for every type of investor.

Introducing... your next winning move 🏎️💨

Here are my top 5 picks in full depth!

#1. 📍 Midtown 16-Unit – As-Is or Turnkey
Choose your path on this all-2 bed asset in the heart of Indy. 12 units rented at $900/mo. 4 gutted units ready for value-add… or let the seller deliver them fully leased at $1,100/mo.

👉 As-Is: $1.45M | ~6.7% cap with room to push
👉 Turnkey: $1.5M | Fully stabilized ~8.2% cap

No-brainer for cash flow today and long-term upside. Minutes from major redevelopment.

📍 534-538 E 38th St

Loving the idea of this deal? —> Check out more details

#2. The Alice Bundle

🏘️ Mini-Portfolio Play – Alice Ave, Central, & Dearborn
6 properties | $645K total buy-in | Multiple exit strategies

This is a rare chance to pick up 5 single family homes + 1 duplex with upside across the board. A mix of vacant units, month-to-month tenants, and easy turns gives you options:

• Flip everything for ~$1.1M resale

• BRRRR and hold for cash flow + long-term equity

• Blend the two for max return

💡 Example Plays:

• Start with a flip on Dearborn (ARV ~$160K)

• Use those proceeds to turn Alice Ave properties

• BRRRR the Central duplex for ~$325K valuation

• Keep strong-paying tenants in place where it makes sense

Whether you’re looking for a big value-add win, long-term hold, or a hybrid approach — this small bundle gives you flexibility and scale in one shot.

📍 All properties located in growing pockets near in INDY — Ready to get your hands dirty?? Get more Details

#3. 1130 W Congress Ave | 3 Bed / 2 Bath | $145,000
On market and rent-ready. Previously leased for $1,450/month with clean finishes and a functional layout. Solid rental in a growing area with minimal work needed to place a new tenant.

• Last rent: $1,450/month

• 3 bed, 2 bath layout = strong tenant demand

• Light updates, if any

• Easy to cash flow, easy to manage

Want to know more? Click Here

#4. 1730 S State Ave | 2 Bed / 1 Bath | $160,000
Off-market and low hassle. This property offers immediate rental potential with brand-new appliances being installed before closing. Clean layout, oversized lot, and located in a growing pocket of the city.

• Market rents: $1,550–$1,650/month

• Estimated cash flow from day one

• Projected $45K equity gain over 5 years

• Oversized lot offers long-term upside

Ideal for investors looking for an easy first year with a clear path to appreciation.

DEAL SHEET: Head-Ache Free Property 

#5. Bluff Rd Quadplex | $325,000 - Check it out
Two buildings, four units, steady income. Located in Perry Township with 3 of 4 units rented and one ready to lease. Strong tenant history and room to push rents.

💰 Current Rents:

• 2 bed: $1,135 (can hit $1,200)

• 1 bed units: $760, $640, $900

• Total: $3,435/mo | Potential: $3,600+

📈 Pro Forma:

• Gross Income: $41,220

• Est. NOI: ~$30,900

• Cap Rate: ~9.5%

Simple to manage, easy to cash flow, and sits in a high-demand rental area.

Let’s run the numbers.

Make sure to schedule a call with Max if you’re interested in learning more about one of these opportunities.

That’s it for this week’s deals. If you're ready to write an offer, run numbers, or update your buying criteria — let's connect.

Want more off-market and investor-ready opportunities like these?
📍 Head to rootsrealty.co — where the best deals live first.