Development Location

Indianapolis, IN

Property Type

Suburban Garden Apartments

Number of Units

277 units Units

Property Highlights

  • Successfully purchased bank note from Bank of America and subsequently foreclosed.
  • At the time of foreclosure the property was 50% occupied with over 100 down units.
  • Completed a $7.7 million renovation and turned over all 277 units in 14 months. 
  • Obtained 90% occupancy prior to construction completion. 


  • Developer/Owner
  • Property Manager
  • General Contractor