About 32 Union
The Cushman & Wakefield Midwest Multifamily Advisory Group is pleased to present the exclusive listing of 32 Union, a 210-unit, 2019- built apartment community located in very desirable Hamilton County, the state's most affluent and fastest-growing county.
Acquisition of 32 Union represents an opportunity to own one of the best properties in a high-end high-growth location. The property offers everything high-income dwellers are looking for - from a luxurious amenity set and curated design finishes to a sought-after Noblesville location.
2019 BUILT PREMIER SUBURBAN PROPERTY
Built with amenities and interior unit finishes that cater to high income earners, 32 Union offers luxury in each residence and a comprehensive amenity set that rivals, and is often superior, to any of the nearby competitors.
HIGHEST GROWTH & INCOME COUNTY
Hamilton County boasts the highest income and growth metrics in the entire state. Noblesville offers a highly acclaimed school district and has experienced rapid population growth of 191% since 2010.
CONNECTED TO INDY, CARMEL, FISHERS & WESTFIELD
Located in Noblesville, a high-end suburb of Indianapolis, 32 Union offers its residents easy access to Indy, Carmel, Fishers and Westfield all within a quick drive, providing tremendous employment, retail and service opportunities.
UNDER MARKET RENTS & 19.7% YOY INCOME GROWTH
Demonstrating the ability to grow rents, revenue at 32 Union has increased 19.7% Year-over-year. The current rental rates also trail the nearby competition by $75 - $500 allowing the new owner to continue to increase revenue.
LIMITED NEARBY NEW CONSTRUCTION
Surrounded largely by high end single family homes and The Sagamore Golf Club, there are only a few new properties being add in this submarket of Noblesville.