10.05.2018

PRESS RELEASE | Tikijian Associates Sells 116-Unit Senior Apartment Community in Indianapolis


Tikijian Associates Arranges Sale of 116-Unit Senior Apartment Community in Indianapolis

Location: Indianapolis, IN

Seller: CS Acquisition Group 
Buyer: Kent Avenue Group

Tikijian Associates is pleased to announce the sale of Atrium Village Apartments, a 116-unit senior community on the east side of Indianapolis. The community was developed in 1981 and 1982 by Lou Jenn, inventor of the Jenn-Air indoor grill.

Tikijian Associates represented the seller, CS Acquisitions, an owner and manager based in Lakewood, New Jersey.

The buyer was Kent Avenue Group based in Milwaukee, Wisconsin. The buyer owns and manages two additional apartment communities in Indianapolis.

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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