Positioned Near Growing Indianapolis with Value-Add Upside

For Sale

Parkway Terrace, Indianapolis, IN 46201

This Indianapolis property for sale is located at Parkway Terrace. Contact the listing broker for details on the current sale price for Positioned Near Growing Indianapolis with Value-Add Upside. Positioned Near Growing Indianapolis with Value-Add Upside is situated on a lot that is 2.25 acre in size.

Contacts

broker

Bryce Wetzel

broker

Will Mathews

broker

Tyler Hague

broker

Lauren Stoliar

Property Details

  • Property Type Other
  • Lot Size 2.25 Acre
  • Additional Rent Contact for pricing
  • Date Updated Nov 20, 2024

72-unit garden-style community offering immediate value-add upside four miles east of downtown Indianapolis. New ownership is afforded multiple paths to add value through an ongoing interior unit renovation program, bringing offline units to market and capitalizing on organic rent growth. Of the property’s 72 units, 63 have been renovated and 8 remain in original condition and 1 unit is currently offline.

Well-positioned near major employers and Downtown Indianapolis, Parkway Terrace provides the ability to push top-line revenue on day 1.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 45/100

    Walk Score ®

  • 39/100

    Transit Score ®

  • 62/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Indianapolis, IN
  • Neighborhood Christian Park
  • Zip Code 46201
  • Market Indianapolis

Points of Interest

  • Citgo

    0.11 miles

  • GetGo

    0.42 miles

  • Speedway

    0.47 miles

  • Shell

    0.58 miles

  • Amoco

    0.59 miles

  • Kroger

    0.76 miles

  • CountryMark

    0.88 miles

  • Marathon

    1.19 miles

  • Mobil

    1.24 miles

  • ChargePoint

    3.07 miles

  • Market District Garage

    3.10 miles

  • Lot 35

    3.19 miles

  • Lot 48

    3.27 miles

  • Virginia Avenue Garage

    3.31 miles

  • Cityway North Car Park

    3.34 miles

  • Pulliam Garage

    3.36 miles

  • 429 Penn Parking

    3.37 miles

  • Lot 98

    3.38 miles

  • City Park

    3.41 miles

  • Lot 43 North

    3.45 miles

  • Skyline Motel

    2.05 miles

  • Stan's Inn

    2.19 miles

  • Bottleworks Hotel

    2.83 miles

  • Kings Inn of Indianapolis

    2.99 miles

  • Clarion Indianapolis

    3.05 miles

  • Nestle Inn

    3.06 miles

  • Atlas Hotel

    3.11 miles

  • Indianapolis East Knights Inn

    3.14 miles

  • La Quinta Inn & Suites

    3.14 miles

  • Candlewood Suites Indianapolis East

    3.16 miles

  • Michigan Street Pantry

    0.56 miles

  • Save-A-Lot

    0.64 miles

  • Kroger

    0.69 miles

  • Las Mexicanas Super Market

    0.84 miles

  • Dollar General Market

    1.07 miles

  • Big Lots

    1.11 miles

  • Molly's Variety

    1.16 miles

  • Food Stop Market

    1.18 miles

  • Supermercado La Campos

    1.29 miles

  • New York Express

    1.31 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Positioned Near Growing Indianapolis with Value-Add Upside