Experts on the Indianpolis Apartment Market

Over 70 years of combined experience in the multihousing brokerage industry

60,000 Units Sold Throughout Indiana and Kentucky

Clients include local, regional and national private equity investors; public pension funds; and public and private REITs.

$2 Billion in Multihousing Sales

And the highest number of apartment transactions by any Indianapolis brokerage firm.

Annually Presents the Indiana Apartment "Industry Outlook"

An event hosted in conjuction with the Indiana Apartment Association.

9.26.2013

Arrowwoods Apartments NOW Available!

Check out this new multifamily investment opportunity on Indianapolis' desirable north side! For more information and a full offering memorandum, visit our website.


Investment Hightlights:

REO Sale: Arrowwoods is being offered for sale by its lender. Offers are due November 1st, and the seller is motivated to close a sale quickly.

Strong Current Occupancy: The community is currently 92% occupied.

Current Rental Rates Below Market: The current rental rates at Arrowwoods are below those of the competing properties. Completing light interior and exterior renovations will allow for rent increases.

Recent Capital Improvements: Over $400,000 in capital improvements have been completed by the lender since 2012.

Low Price Per Unit: Arrowwoods is offered at $4,000,000 or just over $26,000 per unit.

Desirable Submarket: Located on Indianapolis’ desirable far north side, one of the city’s strongest rental submarkets.

Convenient Location: Near many major employment centers (including a major hospital campus with 6,500 total employees), abundant shopping and interstate access.

Attractive Brick Exteriors: Building exteriors are primarily brick which are both low maintenance and attractive.

9.11.2013

Indianapolis Westside Opportunity - PRICE REDUCED!


Check out this opportunity to acquire Suncrest Apartments, a stable property at an attractive 9.4% cap rate on achievable forecast NOI. The property has 140 units on Indianapolis' west side, convenient to downtown Indianapolis, interstates and major employment centers. The price is now reduced from $4,800,000 to $4,500,000!

Click here to learn more about Suncrest Apartments.