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District at Saxony

Posted: 6/20/2022
349 Units
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About District at Saxony

Offers Due:  Friday, July 22, 2022 Add to Calendar

UNIQUE & WELL BUILT TROPHY ASSET

District at Saxony is a premier trophy asset with luxurious amenities, high-end design and distinctive architecture offered by the well-regarded original developer.

WALKABLE SUBURBAN HIGH-INCOME LOCATION

Located in Hamilton County and the City of Fishers, the District of Saxony residents benefits from one of the best locations in the state. Fishers is very well known for impressive growth in population, income, home values and the best amenities around.

CLEAR PATH TO $360+ RENT PREMIUMS

The property offers excellent upgrade potential through completing unit renovations in the 269 Phase I units. Because the demand for luxurious finishes is high in this location, bringing these units to an elite finish level will yield estimated rent premiums of $360+.

UNDER MARKET RENTS & 15% ORGANIC GROWTH

Current rental rates are up to $400 below the competition offering space to move rents immediately. The steady 95% occupancy demonstrates the location and the product are in high demand. Average rent increases on lease trade out is 15%+.

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