Exploring a partnership opportunity to acquire 5 luxury STRs in Indianapolis and reposition them as high-end corporate housing.
These homes are stunning—just operating under the wrong model. Indy’s demand for premium 30+ day stays (medical, corporate, relocation) keeps growing, and these properties fit that market perfectly.
I’m walking all 5 properties on Monday (11/24) and may move quickly if everything checks out. Sharing this as an early feeler.
Highlights:
• Purchase price: $3.3M
• All units fully furnished — zero setup cost, rent-ready from day one
• Projected revenue: ~$365K gross at 60% occupancy
If you want to explore partnering on this, let’s talk.