FOR IMMEDIATE RELEASE
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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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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