About
About Auburn Place
1 RIDE POSITIVE MOMENTUM ALREADY IN PLACE
Since 2016, Auburn Place has received more than $3M in capital improvements creating upward trends in both rents and occupancy. The new owner can simply finish the unit renovation of the 50 classic units and ride the positive momentum.
2 HEAVY LIFTING CAP EX ALREADY COMPLETED
Much of the heavy lifting in updating this 60's vintage property has already been completed. All windows and roofs have been replaced since 2016. In the past two years, 53 of the HVAC’s have been replaced.
3 REMAINING VALUE ADD
50 units still offer classic finishes and can be easily upgraded and achieve the already proven rent premium of $100 - $120 a month.
4 UPSCALE AND GROWING INDY SUBURB
Auburn Place is located in the sought city of Greenwood, an upscale suburb of Indianapolis and Johnson County. The area is known for well-performing schools and proximity to both Indianapolis and Columbus offering numerous employment opportunities.
5 AREA’S BEST RETAIL & DINING CORRIDOR
Conveniently located adjacent to the popular Greenwood Park Mall, residents enjoy exceptionally easy access to the area’s best shopping, dining and entertainment.
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