PRESS RELEASE: Tikijian Associates Sells 256-Unit Beechmill Apartments in Indianapolis


Tikijian Associates Sells 256-Unit Beechmill Apartments in Indianapolis

Location: Indianapolis, Indiana

Seller: Indianapolis-based Apartment Owner and Manager
Buyer: Birge & Held Asset Management; Indianapolis, IN

Closing Date: May 6, 2016
Tikijian Associates is pleased to have arranged the sale of Beechmill Apartments, a 256-unit apartment community located on the far south side of Indianapolis.

Built in 1981, the property has been owned and managed by the seller since 2002 and has had a long history of high occupancy.

Tikijian Associates represented the seller, a well-respected Indianapolis apartment owner and manager with more than 2,800 units in central Indiana.

The buyer was an affiliate of Birge & Held Asset Management LLC, a growing Indianapolis-based private equity and property management firm. Since its founding in 2008, the company has acquired and now owns and manages over $300,000,000 in multi-family assets across the country.

Click Here For a Beechmill Photo

For additional information:
Tikijian Associates
3755 E. 82nd St., Suite 265
Indianapolis, IN  46240

Phone: 317-578-0088
Fax: 317-570-3677

Contact: George Tikijian (gtikijian@TAmultihousing.com), or Hannah Ott (ott@tamultihousing.com)

Web Site: www.TAmultihousing.com



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