
Key Investment Highlights
PRIME LOCATION
- Steps from Lucas Oil Stadium, 1.4 miles from Monument Circle
- Within the I-465 loop; close to downtown jobs and amenities
- Proven corridor for absorption: Rise on Meridian fully leased in 12 months
STRONG DEVELOPMENT POSITIONING
- Fully zoned, entitled and under contract – construction ready upon land and loan closing
- Located in an Opportunity Zone and with a 10-year property tax abatement, offering meaningful tax efficiency
GROWTH & DEVELOPMENT MOMENTUM
- Eli Lilly adding ~2,000 jobs west of the river
- Colts acquiring nearby parcels for long-term “Ballpark Village” concept
- New convention hotel & MLS HQ expanding tourism and demand
- IU Health plan on investing over $4 billion on its 44-acre campus
- Future walkability and retail growth to elevate rents over time
Development Information
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Property Type
Multifamily Development
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Deal Type
Opportunistic
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# of Units
270
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Market
Indianapolis, IN
Located in
Indianapolis, IN
412 W. McCarty Street
Indianapolis, IN 46225
United States
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Disclaimer: The information contained herein is for informational purposes only and does not constitute an offer or sale or any form of general solicitation or general advertising of interests in any fund or investment vehicle. Any such offer will only be made in compliance with applicable state and federal securities laws pursuant to offering documents which will be provided to qualified prospective investors upon request. Prospective investors should review the offering documents carefully, which includes important disclosures and risk factors.
