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Madison Village
206 Units
1819 Madison Village Dr
Indianapolis, IN  46227
Type:  Multifamily
Closed: 5/24/2016
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Carriage House Apartments
136 Units
4344 McClure Ave
Gurnee, IL  60031
Type:  Multifamily
Closed: 5/19/2016
Sold
Meadowlawn
122 Units
1930 S. Goyer Road
Kokomo, IN  46902
Type:  Multifamily
Closed: 5/18/2016
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Winchester Village
96 Units
8020 Madison Avenue
Indianapolis, IN  46227
Closed: 5/17/2016
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Woods of Castleton
260 Units
8281 Clearvista Parkway
Indianapolis, IN  46256
Type:  Multifamily
Closed: 5/11/2016
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Beechmill
256 Units
8580 Beechmill Lane
Indianapolis, IN  46227
Type:  Multifamily
Closed: 5/6/2016
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1819 Division
36 Units
1819 W Division St
Chicago, IL  60622
Closed: 4/27/2016
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Ridge View
150 Units
13225 N. Fountain Hills Blvd.
Fountain Hills, AZ  85268
Type:  Multifamily
Closed: 4/14/2016
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Aspen Chase at Eagle Creek
130 Units
5340 Acorn Lane
Indianapolis, IN  46254
Closed: 4/12/2016
    Bustling, Urban, Infill LOCATION
    • Winner of "Best Art District" in America - (USA Today 2015)
    • #3 City in America for Beers Lovers - (Travel & Leisure 2013)
    RARE OPPORTUNITY to purchase modern multifamily in NE Minneapolis
    • Opportunity to purchase a Class A property below replacement cost
    • Only two market rate apartment buildings built since 1990 (rents at $2.00 psf)
    • Northeast Minneapolis is the “new Uptown” but with far fewer apartment buildings
    Incredibly Large FLOORPLANS
    • 1101 on Main has an average unit size that is 40% larger than the competition
    • Demand for larger units is increasing as millennials get married and start families
    • Nearly all units have a minimum of 1.5 bathrooms and a dedicated laundry room
    Major Upside in RENTAL INCOME
    • Current lease rates are below market while including underground parking and all utilities except electric.
    Strong demand FUNDAMENTALS
    • Proximity to Downtown Minneapolis (160,000 jobs) and the University of Minnesota (22,000 jobs)
    • Endless neighborhood amenities
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1101 on Main
52 Units
1101 Main St NE
Minneapolis, MN  55413
Type:  Multifamily
Closed: 4/1/2016
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Emerald Park
216 Units
10670 Brunswick Rd S
Bloomington, MN  55438
Type:  Multifamily
Closed: 4/1/2016
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Chandler Blvd & McClintock Dr Development Site
10.79 Acres
E/NEC Chandler Blvd & McClintock Drive
Chandler, AZ  85226
Type:  Land
Closed: 3/31/2016
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Arcadia Del Sol
259 Units
4127 East Indian School Road
Phoenix, AZ  85018
Type:  Multifamily
Closed: 3/30/2016

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:  Multifamily
Closed: 3/15/2016
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River Park at Raritan
224 Units
100 River Park Drive
Raritan, NJ  08869
Type:  Multifamily
Closed: 3/1/2016
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Casas De Soledad
176 Units
3901 Sonoma Springs Avenue
Las Cruces, NM  88011
Type:  Multifamily
Closed: 2/29/2016
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
OFFER DATE: THURSDAY, 12/10/15
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Sycamore Square
120 Units
1120 S. Sycamore Street
Mesa, AZ  85202
Type:  Multifamily
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:  Multifamily
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:  Multifamily
Closed: 2/24/2016
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Nine Ten Penn
126 Units
910 Pennsylvania Avenue
Kansas City, MO  64105
Closed: 2/16/2016
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LeSarra
105 Units
2230 Valley View Parkway
El Dorado Hills, CA
Type:  Multifamily
Closed: 2/5/2016
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Executive House
301 Units
6100 City Line Avenue
Philadelphia, PA  19131
Closed: 2/1/2016
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The Falls at Arden
272 Units
2345 Northrop Avenue
Sacramento, CA  95825
Type:  Multifamily
Closed: 2/1/2016