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Beechmill
256 Units
8580 Beechmill Lane
Indianapolis, IN  46227
Type: Conventional
Closed: 5/6/2016
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Aspen Chase at Eagle Creek
130 Units
5340 Acorn Lane
Indianapolis, IN  46254
Closed: 4/12/2016

Cumberland Pointe is a premier, Class A, apartment community located in Indiana’s most vibrant market. Hamilton County is among the country’s fastest growing and wealthiest areas and offers residents an exceptionally high quality of life.

The property’s specific location within that market is also excellent, situated just east of high-traffic State Road 37 at its convergence with two other well-travelled thoroughfares. The community is within minutes of the area’s finest cultural, entertainment and shopping destinations and numerous major employment centers. The bustling north side of Indianapolis is just 20 minutes to the south.

This amenity-rich, luxury 336-unit apartment community presents the rare opportunity for investors to acquire a core-quality asset coupled with a real and readily achievable opportunity to significantly enhance existing revenue through the relatively modest upgrade of units in the original Phase I to the newer finishes included in Phase II.

The property was developed in two phases, completed in 2008 and 2014, respectively. Phase I consists of 208 units and Phase II consists of 128 units. All but two Phase II floor plans are identical to those in Phase I; however, Phase II units have newer, higher-end interior finishes compared to Phase I. Those upgrades include granite countertops, stainless steel appliances and upgraded plumbing fixtures.

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Cumberland Pointe
336 Units
15800 Navigation Way
Noblesville, IN  46060
Type: Conventional
Closed: 3/15/2016
Pinewood Village is located on the north side of 10th Street just one mile east of I-465 in Speedway, Indiana. an incorporated town within the city of Indianapolis. Speedway, is only a five minute drive from the Indianapolis downtown CBD and its many cultural, recreational, shopping and dining options, as well as the downtown campus of Indiana University – Purdue University Indianapolis (IUPUI), a major university with over 30,000 students.
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Pinewood Village
81 Units
5400 W. 10th Street
Indianapolis, IN  46224
Closed: 2/29/2016
Carriage House is a 230-unit apartment community located in Elkhart, Indiana, in north central Indiana, 20 miles east of South Bend. Constructed by respected developer, Gene B. Glick Company in 1970, the property consists of 22 buildings including the clubhouse and maintenance shop, situated on 19.65 acres. The community offers 136 HUD Section 8 HAP units, assuring high occupancy at attractive rental rates. Carriage House offers an attractive unit mix of one and two bedroom garden style units and two and three bedroom townhomes. All buildings are of classic Colonial architecture with attractive, brick exteriors and pitched roofs with composite shingles.
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Carriage House - Elkhart
230 Units
1200 Burr Oak Ct
Elkhart, IN  46517
Type: Conventional
Closed: 2/24/2016
Williamsburg on the Lake is a 190-unit apartment community in Elkhart, in north central Indiana 20 miles east of South Bend (Indiana’s fourth largest city). Constructed by respected developer, Gene B. Glick Company in 1974, the property has been owned by the original developer since construction and has been extremely well maintained. The community consists of twenty residential buildings, a clubhouse and a separate maintenance shop, and is situated on 19.84 acres. Williamsburg on the Lake offers a mix of one and two bedroom garden style units and two and three bedroom townhomes.
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Williamsburg on the Lake - Elkhart
190 Units
1000 Portsmouth Drive
Elkhart, IN  46517
Type: Conventional
Closed: 2/24/2016
Cheswick Village is a 187-unit apartment community on Indianapolis’ east side. Built in 1976, the property consists of twenty (2-story) residential buildings and a clubhouse on 13.8 acres. The property offers very large floor plans with the majority of the units (94%) being 2- and 3-bedroom townhomes with 1,280 SF and 1,600 SF, respectively. There are a handful of 1- and 2-bedroom garden style units as well. All of the units (with the exception of one 2/1 flat) have washer/dryer hook-ups.
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Cheswick Village
187 Units
9201 E. 30th Street
Indianapolis, IN  46229
Closed: 1/29/2016

Aspen Village is a 220-unit apartment community on Indianapolis’ northwest side. Built in 1975, the property consists of twenty-four residential buildings, a clubhouse and a free standing laundry/maintenance facility, situated on 18.93 acres. Construction is wood and steel frame with vinyl siding exteriors. The property offers a mix of unit-types, including 136 garden style units (48 one-bedrooms, 64 two-bedrooms and 24 threebedrooms), and 84 two-bedroom townhomes (in two different floor plans). Units have large floor plans averaging 862 square feet. Units have large floor plans (averaging 860 square feet), private entries and patios or balconies. All units other than the one-bedrooms have washer/ dryer hookups. Community amenities include the large two-story clubhouse with both upstairs and downstairs community rooms, two racquetball courts (currently used for storage), a large swimming pool and sundeck (not open), a playground, and an on-site laundry facility.

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Aspen Village
220 Units
3510 Kebil Drive
Indianapolis, IN  46224
Closed: 12/29/2015
Regency Park is a 304-unit apartment community located on Indianapolis’ suburban south side. The 1967-built property consists of one and two bedroom garden units and two and three bedroom townhouse units. The majority of the siding on the thirteen buildings is brick (with some vinyl) and the roofs are a combination of pitched and mansard. Units range in size from 698 square feet for a one-bedroom to 1,398 square feet for a three-bedroom, two-bath townhome. Average size is 966 square feet. Community amenities include a salt water swimming pool with sundeck, playground, a clubhouse with fitness center, Wi-Fi café and clubroom, laundry centers, and available covered parking. Unit amenities vary by unit type but include private patios or balconies, washer / dryer hookups in townhome units and generous floor plans with large closets.
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Regency Park
304 Units
5524 Rue Royale
Indianapolis, IN  46227
Closed: 12/22/2015
Conner Farms is a Class A, 300-unit apartment community located in Fishers, Hamilton County, Indiana. Hamilton County is Indiana’s wealthiest and fastest growing county (and among the fastest growing and wealthiest areas in the entire country). The location is truly among the best in Indiana. Because the area offers a high quality of life, Hamilton County is projected to lead Indiana in population growth through 2050 almost doubling in size to over 550,000 residents. The property’s specific location in the market is also excellent, situated at 116th Street and Allisonville Road, two of the busiest thoroughfares in Fishers. The community is within minutes of the area’s finest cultural, entertainment and shopping destinations and numerous major employment centers. The bustling north side of Indianapolis is less than fifteen minutes to the south.
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AMLI at Conner Farms
300 Units
11400 Gables Drive
Fishers, IN  46038
Closed: 12/8/2015
Park Jefferson is a distinctive 739-unit property located at in South Bend, Indiana. Built in phases completed in 1972, the property sits on over 46 acres and consists of a large clubhouse/amenity center constructed in 2011, twenty-eight two-story residential buildings and a maintenance shop. Park Jefferson offers 254 one bedroom units in nine floor plans, 475 two bedroom units in ten floor plans, 5 three bedroom units and 5 commercial “Live-Work” units. These are ideal for potential office spaces for residents. Park Jefferson offers an extensive list of community amenities. These amenities include a large clubhouse / resident center with community room, 24-hour fitness center, a large indoor pool, tanning center, billiards. In addition the grounds include a playground, and pet park. Two laundry facilities are located in each building and carports are available at an additional charge. The property is near both Indiana University South Bend (8,500 students and 1,500 employees) and Bethel College (1,650 students). In addition, although the current owner does not market to its students, the campus of the University of Notre Dame is just three miles (less than a 10 minute drive) to the property’s northwest. Notre Dame is a catholic university with over 12,000 students. The university is one of the best-known and most-respected universities in America.
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Park Jefferson
734 Units
3001 E. Jefferson Blvd
South Bend, IN  46615
Closed: 10/16/2015
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Arbors, The
24 Units
1533 Arbors Lane
Bloomington, IN  47401
Closed: 10/7/2015
Stonebrook of Scottsburg is comprised of a mix of 60 One Bedroom units and 24 Two Bedroom units in 6 two story brick buildings.
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Stonebrook of Scottsburg
84 Units
33 N. 5th Street
Scottsburg, IN  47170
Type: Conventional
Closed: 8/10/2015
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Carmel Creek
614 Units
3636 N. Mission Drive
Indianapolis, IN  46224
Closed: 7/31/2015

Private Reserve is located just south of the intersection of Harcourt Road and 79th Street. The property is just one mile south of 86th Street, one of the primary east/west thoroughfares spanning Indianapolis’ affluent far north side.

The community is near a wide variety of shopping centers and restaurants clustered along 86th Street, Meridian Street to the east and Michigan Road to the west.

Private Reserve offers convenient access to Interstate-465 (Indianapolis’ interstate beltway) with interchanges located at 96th St. and Meridian (within 4 miles) and 96th St. and Michigan (within 3.5 miles). Via I-465, both downtown Indianapolis and the Indianapolis International Airport, are within a 20 minute drive of the property.

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Private Reserve
152 Units
7702 N. Harcourt Road
Indianapolis, IN  46260
Type: Conventional
Closed: 7/31/2015
Park Greenwood is an extremely well-located community on the south side of Indianapolis in the suburb of Greenwood.
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Park Greenwood
192 Units
745 Woodale Terrace
Greenwood, IN  46142
Type: Conventional
Closed: 7/2/2015

Constructed in two phases in 1995 and 1996, Deer Creeke is a 170-unit apartment community in Elkhart, Indiana, in north central Indiana, just 20 miles east of South Bend. The community consists of fourteen residential buildings and a clubhouse situated on 16.54 acres. Deer Creeke has an attractive unit mix of one and two bedroom garden style units and three bedroom townhomes.Buildings have brick and vinyl exteriors and pitched roofs with composite shingles.

Units feature washer/dryer hookups (in every unit), private patios and balconies, nicely equipped kitchens with dishwashers and garbage disposals, generous closet space, and available exterior storage. Community amenities include a swimming pool with sundeck, a clubhouse with community room and kitchen, playground, basketball court, a central laundry facility and on-site daycare. The space currently used for daycare could easily be converted to a fitness center and/or business center.

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Deer Creek
170 Units
2801 Toledo Road
Elkhart, IN  46516
Closed: 6/30/2015
“The Fort” is a new Class A apartment community in a highly desirable location on Indianapolis’ northeast side. Construction of the 224-unit luxury property was completed in 2012 and its opening was met with high demand. The property experienced an extremely successful lease-up and has maintained high occupancy ever since with virtually no rent concessions. Built by one of Indianapolis’ premier developers of luxury apartments, attention to detail is evident in both design and construction of The Fort. The community offers custom-home quality units and an extensive amenity package rivaling the finest in Indianapolis.
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The Fort
224 Units
9230 Memorial Park Dr
Indianapolis, IN  46216
Type: Conventional
Closed: 6/17/2015
“The 800” is a well known and distinctive downtown Louisville landmark. Named for its address at 800 Fourth Street, the 29-story, 290 foot high structure was begun in 1961 and completed in 1963. It was Louisville’s tallest building until completion of the PNC tower in 1971. The 800 offers 246 apartment units on its upper 28 floors. The 800 Building is in a true Class A location, within walking or biking distance of Louisville’s CBD, the downtown’s most popular entertainment and dining destinations, and the city’s many museums and other cultural centers. The beautiful Ohio Riverfront, one of Louisville’s biggest recreational attractions, is within a few blocks. The 800 is also near several downtown colleges and universities, including 1,700-student Spalding University (virtually next door to the 800) and 22,000-student University of Louisville (less than two miles away).
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800, The
246 Units
800 S 4th Street
Louisville, KY  40203
Closed: 6/15/2015
Autumn Winds is a 56-unit apartment community in an outstanding location in Anderson, Indiana. Built in 1976, the property consists of fourteen two-story all brick buildings with four units each. All but one of the units are two bedroom / one bath in style with similar generous floor plans. Upper level units, at 1,000 square feet, are slightly larger than first floor units, which are 940 square feet. Laundry facilities are located on the first floor of each hall. The property’s single one bedroom unit is located next to the leasing office. All units include individual gas furnaces, electric water heaters and central air conditioning. The 4.36 acre grounds feature many large mature trees, providing a shaded, country-like setting.
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Autumn Winds
56 Units
1916 E 50th Street
Anderson, IN  46013
Closed: 5/29/2015
Meadowview Apartments is a 20 unit apartment community located in Lapel, Indiana. It is comprised of a mix of 3 One Bedroom units, 14 Two Bedroom units and 3 Three Bedroom units in 5 one-story buildings.Meadowview is a well maintained property with stable occupancy for many years. Meadowview was built in 1985 by the JC Hart Company. The property was originally developed utilizing a Farmer’s Home Loan which required that the rental rates be restricted based on the residents income.
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Meadowview - Lapel
20 Units
1520 N Main Street
Lapel, IN  46051
Closed: 4/14/2015
Castle Point is a distinctive 740-unit property located at 18011 Cleveland Road in South Bend, Indiana. Built in three phases between 1974 and 1980, the property sits on almost 51 acres and consists of an exceptionally large clubhouse / amenity center, thirty-one two-story residential buildings and a maintenance shop. Due to its size, proximity to University of Notre Dame, and its many amenities, the community is an apartment landmark in South Bend.Castle Point offers one and two bedroom units in a total of eight different floor plans. Units are extremely spacious, ranging in size from 768 square foot one bedroom units to 1,340 square foot two bedroom units. Average unit size is approximately 930 square feet. All units have large, open kitchens with exposed architectural ceiling beams. One hundred seventy-one two bedroom units feature vaulted ceilings and an additional loft area accessed by spiral staircase. Fifty-four one bedroom units offer a “turret” style bedroom with rounded walls.
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Castle Point
740 Units
18011 Cleveland Rd
South Bend, IN  46637
Type: Conventional
Closed: 3/31/2015
Eagle Lake Landing is located in the growing town of Speedway on the west side of Indianapolis, just south of 21st Street and one-half mile west of busy Crawfordsville Road. Because of an aggressive redevelopment plan implemented by the town, the location is destined to continue to improve in the future. The community sits on a large private lake, providing a truly peaceful lakeside setting. Nearby neighbors are all residential in nature and include Runaway Bay (a Class A multifamily community built in 2002) to the north and single family homes to the east, south and west.Despite its country-like setting, the community is extremely convenient to the area’s best shopping, major thoroughfares, and many of Indianapolis’ largest employers.
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Eagle Lake Landing
277 Units
2045 High Eagle Trail
Speedway, IN  46224
Closed: 3/27/2015
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Parc Bordeaux
208 Units
3410 Rue Chanel
Indianapolis, IN  46227
Type: Conventional
Closed: 12/9/2014