10.12.2018

PRESS RELEASE | Tikijian Arranges Sale of Four Property Portfolio Totaling 1,427 Units in Indianapolis


Tikijian Arranges Sale of Four Property Portfolio Totaling 1,427 Units in Indianapolis

Location: Indianapolis, IN

Seller: Shamrock Communities
Buyer: The RADCO Companies

Tikijian Associates is pleased to have arranged the sale of a four property portfolio totaling 1,427 units in Indianapolis. The portfolio consisted of the following communities:
             Villas of Meridian Hills – 576 units
             Viewpointe on Westlane - 478 units
             Crossings at 5810 – 220 units
             Flats at Meridian Hills – 153 units

Tikijian Associates represented the seller, Shamrock Communities.

The buyer was Atlanta-based The RADCO Companies. Founded in 1994, RADCO now owns more than 50 apartment communities in nine states totaling almost 19,000 units. The buyer plans significant capital investment in the properties, including upgrades of unit interiors and common areas and enhancement of amenities.

Tikijian Associates is a market-leading boutique brokerage firm specializing exclusively in the sale of multifamily properties throughout Indiana. The company has sold sixteen properties in the first half of 2018 totaling over 3,700 units and more than $233,000,000 in value. In 2017 Tikijian Associates closed twenty-two apartment sales totaling over 5,900 units and more than $439,000,000.

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@TAmulti.com), or Hannah Ott (ott@tamulti.com)

Website: www.TAmulti.com

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