1 FULLY RENOVATED LATE 80’S BUILT PROPERTY WITH HIGH IN PLACE YIELD
In 2018/2019, $2.6M / $10k+ per unit was invested in The Wylde. Renovations included unit upgrades, exterior painting, clubhouse and fitness center renovation, hallway upgrades, new signage, addition of washer / dryer hookups in all units and more.
2 MINUTES TO LARGE EMPLOYERS, PLENTIFUL RETAIL & AMENITIES
The Wylde is located less than one mile from some of the area’s best shopping, just 3 miles from popular Eagle Creek Park, and a quick drive to Intech Park (the premier and largest industrial park within Marion county) and 3 of the 4 of other largest logistic centers in Indy. Downtown Indianapolis also less than 10 miles from the property.
3 DESIRABLE UNIT & PROPERTY FEATURES
Situated on a wooded site with large mature trees, all units have been upgraded and offer Washer / Dryer connections, top floor units feature vaulted ceilings and select units have two sided fireplaces and lake views.
4 INCREASING REVENUE TREND AT PROPERTY & SUBMARKET
In 2020, revenue at The Wylde grew by 5.8% vs 2019 proving the property’s resilience and growth potential. The entire submarket has performed very well. The Westside of Indy had the highest rent growth of any Indy submarket in 2020 with an impressive 6.5% annual rent growth.
5 OFFERED FREE & CLEAR
The Wylde is available free and clear and allows a new owner the ability to take advantage of today’s low interest rates and desirable debt terms.
The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 212-unit value-add multifamily offering, River Pointe Apartment Homes, located in Tampa, Florida.
1 2002 BUILT PROPERTY WITH PROVEN VALUE ADD POTENTIAL
Current owner has completed light upgrades on 120+ units in phases I and II (The Flats – 320 units) and achieves a $60 premium. The new owner can continue with the current upgrade program and further enhance the units to achieve a higher premium of $100+.
2 2016 BUILT LUXURY PHASE PROVES DEMAND FOR HIGH END FINISHES
73 luxury townhomes, all with attached one car or two garages, were built in 2016 as Phase III and lease for 400+ more per unit than the 2002 built flat style units. The townhomes maintain high occupancy proving the demand in the area for luxury finishes.
3 COMPREHENSIVE AMENITY SET
Stone Ridge offers its residents a comprehensive amenity set that, while already in good condition, could be elevated. Amenities include a walking trail around the entire community, large pool with hot tub and adjacent covered outdoor cooking area, fitness center, bark park, basketball court, tennis court and 2 Amazon Hubs.
4 BRICK EXTERIORS & DESIRABLE UNIT FEATURES
The 2002 built phase (The Flats – 320 Units) offers a full brick exterior and desirable unit finishes including open kitchen layouts, washer/ dryer connections and private entrances. The 2016 built phase (The Townhomes – 73 Units) have attached one and two car garages, private entrance and high end luxury finishes.
5 NEAR VAST EMPLOYMENT OPPORTUNITIES
Located immediately adjacent to Ameriplex, a Class A logistics and distribution park with millions of square feet. Additional employment is plentiful near the site.
The Cushman & Wakefield Baltimore Multifamily Advisory Group is pleased to present the exclusive listing of the I-695 Single-Family Portfolio. The Portfolio offers future ownership the rare opportunity to acquire a turnkey, gut renovated Single-Family Rental Portfolio with consistent net operating income, and an attractive cash on cash return. Single-Family Rentals have emerged as one of the most attractive asset classes to both institutional and private investors, with high yields and robust resident demand. The I-695 Single-Family Portfolio has a high concentration of Properties in Baltimore, Harford, and Anne Arundel Counties. Home interiors feature In-Unit Washer/Dryers, Granite Countertops, Stainless Steel and Black Appliances and New Flooring and Carpeting.