317-756-9895
4521 Park Forest Ct, Indianapolis, IN for Sale
Apartments - FOR SALE
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4521 Park Forest Ct
Indianapolis, IN 46226
Devington


HIGHLIGHTS

  • Park Forest offers 112 spacious two-bedroom units.
  • Access to large employment base and quick commute to nearly all of Indianapolis.
  • Located just 10 minutes away, Fort Harrison State Park is a haven for nature enthusiasts. Offering tranquil picnic areas and jogging trails.
  • The Lawrence area is experiencing exciting growth transforming into a lively and dynamic community.

OVERVIEW

XMark Midwest is pleased to offer Park Forest Apartments a 112-unit apartment community located in Northeast Indianapolis. Built in 1961, the property consists of 13 two-story buildings situated on a 7.98-acre site. Park Forest Apartments offers 112 two-bedroom units each with a private patio or balcony. The units boast large floor plans with spacious closets, washer/dryer hookups, nicely equipped kitchens, and central heating and cooling. Park Forest is situated in the lively Devington/Lawrence area of Indianapolis, just 5 minutes from I-465 and the bustling Pendleton Pike retail and industrial corridor. Located about 20 minutes northeast of downtown Indianapolis, the neighborhood provides convenient access to I-465, making commuting to various parts of the city quick and easy. Its close proximity to Pendleton Pike connects residents to a significant employment hub, with abundant retail and industrial job opportunities along the expanding corridor.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

112

CAP RATE

Request Cap Rate

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Forest Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

200

LAND DETAILS

LAND ACRES

7.98 AC

LAND SF

347,609 SF

ZONING

ZO01

APN/PARCEL ID

49-07-14-114-001.000-401

ASK ABOUT THIS PROPERTY

Michael WernkeXMark MidwestMore Info
317-756-9895

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Michael WernkeXMark MidwestMore Info
317-756-9895

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.