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The Sanctuary at Fishers

Posted: 6/23/2022
300 Units
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About

About The Sanctuary at Fishers

Main & Main | High income & Growth Location

Truly Outstanding “Main & Main” Location in Fishers / Hamilton County, the Wealthiest and Fastest Growing County in Indiana. Located at 116th St & Allisonville Rd, Sanctuary has excellent visibility and is walkable to numerous retail and employment centers and restaurants.

Partially Renovated & Meticulously Maintained

This asset is extremely well maintained with over $4.6M of capital spent on unit and property upgrades. Most units have received light upgrades including flooring, lighting and crown molding.

Flawless Performance & High Growth

The steady 97% T-12 occupancy demonstrates the location and the product are in high demand. Rent growth is extremely strong with year-over-year organic rent increases are 10%.

Timeless Architecture & Sought After Features

The Sanctuary at Fishers is a 1995-built asset with excellent amenities, classic architecture and luxurious sought-after unit features including 9' ceilings, breakfast bars, in-unit washer/dryers and attached garages.

Huge Upside & REnts Below Competition

The Sanctuary at Fishers offers excellent upgrade potential. Through unit renovations, an average forecast rent premium of $290 can be achieved. These rents are still $200-$1,200 below the brand new product in the market.