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EXCLUSIVELY OFFERED BY:
MICHAEL H. WERNKESenior Vice PresidentInvestment & Multifamily ServicesO 317.663.6100C [email protected] rcre.com
NORTH CENTRAL INDIANA MULTIFAMILY PORTFOLIO366 UNITS - NORTH CENTRAL INDIANA
The Northern Indiana Multifamily Portfolio is comprised of seven apartment communities with a total of 366 units. The properties offer a unit mix of studio, one, two and three bedroom apartment homes.
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INDIANAPOLIS
NAME LOCATION# OF
UNITSYEAR BUILT ACRES
1. Skyview Chesterfield, IN 48 1970-72 3.02±
2. Wilson School Muncie, IN 50 1921 1.82±
3. Broadway Park Anderson, IN 72 1965 9.41±
4. Countryside Villas Kokomo, IN 32 1976 9.0±
5. Terrace Meadows Kokomo, IN 64 1970 2.44±
6. Ulen North Lebanon, IN 48 1992 4.12±
7. Ulen Court Lebanon, IN 52 1966 1.73±
No. ofUnits
UnitType
Approximate Square Feet
Market Rent Rent/SF
5 Studio 502 $496 $0.99226 1 Bed 584 $564 $0.97115 2 Bed 772 $642 $0.8320 3 Bed 948 $720 $0.76
UNIT MIX
The information contained herein was obtained from sources we consider reliable. We cannot be responsible for errors, omissions, prior sale or lease, withdrawal from the market or change in price. Seller and broker make no representation as to the environmental condition of the property and recommend the lessee’s/purchaser’s independent investigation.
9339 Priority Way West Drive Suite 120Indianapolis, IN 46240317.663.6000
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MICHAEL H. WERNKESenior Vice PresidentO 317.663.6100C [email protected]
COUNTRYSIDE VILLAS // Kokomo, Indiana
Built in 1976, Countryside Villas is a 32-unit multifamily property. The property offers one-bedroom apartment homes with a country setting and great views.
BROADWAY PARK APARTMENTS // Anderson, Indiana
Built in 1965, Broadway Park Apartments is a 72-unit community. There are 9 two-story, garden style, apartment buildings. This property offers an attractive unit mix of 12 one-bedroom, 48 two-bedroom and 12 three-bedroom units.
SKYVIEW APARTMENTS // Chesterfield, Indiana
Skyview Apartments is a 48-unit multifamily property. Built between 1970 and 1972, the property is comprised of 6 buildings with 8 one-bedroom units in each building.
WILSON SCHOOL APARTMENTS // Muncie, Indiana
Wilson School Apartments is a former school building converted into a 50-unit apartment community in 1997. The property includes 4 studio, 37 one-bedroom and 9 two-bedroom units.
TERRACE MEADOWS APARTMENTS // Kokomo, Indiana
Terrace Meadows Apartments is a quaint community comprised of four two-story multifamily buildings sitting on 2.44± acres. The unit mix consists of 1 studio, 33 one-bedroom and 30 two-bedroom garden style apartments.
ULEN NORTH APARTMENTS // Lebanon, Indiana
Ulen North Apartments is comprised of five multifamily buildings containing 48 apartment homes. Built in 1992, this property offers 16 one-bedroom units, 24 two-bedroom units and eight three-bedroom units.
ULEN COURT APARTMENTS // Lebanon, Indiana
Built in 1967, Ulen Court Apartments is a 52-unit multifamily property. Ulen Court consists of four two-story buildings sitting on 1.73± acres. The unit mix consists of 48 one-bedroom and 4 two-bedroom apartments.
