About
About Island Club
1. 90’S BUILT PROPERTY WITH PROVEN VALUE ADD
Built by well-respected Indy developer, JC Hart in 1990, Island Club is well maintained and partially renovated. 40% of the units are upgraded and achieve premiums up to $120/mo. A new owner can continue unit upgrades at the current level or do more extensive renovations to achieve higher premiums.
2 UNIQUE WATERFRONT SETTING
Island offers an exceptionally unique Setting on 25 acre lake - X units are lakefront and most of the units feature water views. In addition to the waterfront lifestyle, residents enjoy a comprehensive amenity package.
3 UNPARALLELED UNIT FEATURES
The unit features at Island Club are unmatched in the market. 100% of the units have washer/dryer connections, dedicated covered parking and fireplaces. Units also have abundant natural light, and most first floor units feature a unique sunken living room.
4 ACCESS TO EMPLOYERS, DOWNTOWN & AMENITIES
Located just off a major east west corridor, residents can quickly drive to nearby employment and be downtown Indy in 15 minutes.
FREE & CLEAR WITH RELIABLE CASH FLOW DAY 1
Historical occupancy at the property has averaged 95% and 2020 Rental Revenue grew by almost 6%. Island Club is offered free and clear.