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

English Village is a 208-unit apartment community located on English Avenue on Indianapolis’ east side. English Avenue is a well-traveled east/west road. Built in 1988, the community consists of 128 one bed/one bath units and 80 two bed/one bath units. Units are situated in 13 two-story buildings with attractive brick and vinyl exteriors. The property has an office/community room/maintenance building that could be reconfigured without extensive cost to include a business center and/or fitness center. Additional land next to the office/clubhouse is available to add a swimming pool or amenity center.

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English Village
208 Units
545 English Village Dr
Indianapolis, IN  46219
Closed: 10/22/2014
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Kingston Square
523 Units
7171 Twin Oaks Drive
Indianapolis, IN  46226
Closed: 7/31/2013
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Emerson Village
352 Units
5140 Emerson Village Drive
Indianapolis, IN  46237
Type: Conventional
Closed: 1/30/2008
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Indy 3 Property Portfolio (3 properties, 949 units)
Ashford Georgetown
220 Units
5810 Sebring Drive
Indianapolis, IN  46254
Type: Conventional
Sold
Indy 3 Property Portfolio (3 properties, 949 units)
Ashford Meridian Hills (Flats)
153 Units
7135 Warrior Trail
Indianapolis, IN  46260
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Indy 3 Property Portfolio (3 properties, 949 units)
Ashford Meridian Hills (Villas)
576 Units
2085 Waterford Place
Indianapolis, IN  46260

1. Proven Value Add Opportunity a. Current Owner has upgraded 184 units with new black appliances, new cabinet door and hardware, new light fixtures and flooring. These upgrades achieve up to a $80 premium depending on the floorplan. A new owner has the opportunity to upgrade the remaining 57 units.

2. Excellent Northside Infill Location a. Fountain Parc is located off I-69, only minutes from Broad Ripple, Castleton, Keystone at the Crossing, and a short drive to downtown Indianapolis.

3. Recent Capital Improvements Completed a. Property has undergone $1M in capital improvements in the last 2 years including fitness center renovation, new leasing center, new signage, interior unit upgrades, and new bark park, playground, and bocce.

4. Strong Northeast Indy Submarket a. With 96% Average Occupancy of the surrounding comps and Rent Growth of 3.3% in 2020 the Northside of Indy continues to display growth and stability.

5. Offered Free & Clear a. The ability to purchase Fountain Parc free and clear allows new owners to take advantage of current all-time low rates, interest only periods and maximum leverage which all increase buyer returns

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Fountain Parc
240 Units
4901 Whitton Place
Indianapolis, IN  46220