Website
www.eaglelakelanding.comDevelopment 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.
Involvement
- Developer/Owner
- Property Manager
- General Contractor