Positioned Near Growing Indianapolis with Value-Add Upside

Parkway Terrace, Indianapolis, IN 46201

  • For Sale Contact for pricing
  • Property Type Other
  • Lot Size 2.25 Acre
  • Additional Rent Contact for pricing
  • Date Updated Sep 15, 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.

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Contacts

broker

Bryce Wetzel

broker

Will Mathews

broker

Tyler Hague

broker

Lauren Stoliar

Location

Getting Around

  • Walk Score ®

    41/100 Car-Dependent

  • Transit Score ®

    39/100 Some Transit

  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Indianapolis, IN
  • Neighborhood Christian Park
  • Zip Code 46201
  • Market Indianapolis

Points of Interest

  • Canal

    4.03 miles

  • Indiana University/Riley

    4.57 miles

  • Citgo

    0.11 miles

  • Speedway

    0.47 miles

  • Shell

    0.59 miles

  • Amoco

    0.59 miles

  • Citgo

    0.76 miles

  • Kroger

    0.78 miles

  • CountryMark

    0.87 miles

  • Marathon

    1.21 miles

  • Mobil

    1.23 miles

  • Marathon

    1.57 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

    3.33 miles

  • Pulliam Garage

    3.37 miles

  • 429 Penn Parking

    3.37 miles

  • Lot 98

    3.38 miles

  • Lot 43 North

    3.44 miles

  • Lot 43 South

    3.47 miles

  • Skyline Motel

    2.03 miles

  • Stan's Inn

    2.18 miles

  • Kings Inn of Indianapolis

    3.01 miles

  • Nestle Inn

    3.06 miles

  • Clarion Hotel

    3.07 miles

  • Indianapolis East Knights Inn

    3.15 miles

  • Country Inn & Suites

    3.17 miles

  • Candlewood Suites Indianapolis East

    3.18 miles

  • Quality Inn East

    3.19 miles

  • Fairfield Inn & Suites by Marriott Indianapolis East

    3.21 miles

  • Gulas Grill

    0.36 miles

  • Golden's Fish & Chicken

    0.47 miles

  • Dragon City

    0.66 miles

  • Jack's Pizza

    0.67 miles

  • Tienda y Panaderia Guatemalteca

    0.67 miles

  • Papa John's

    0.67 miles

  • Happy Garden

    0.76 miles

  • Subway

    0.78 miles

  • Dairy Queen

    0.81 miles

  • Little Caesars

    0.82 miles

  • Thomas Carr Howe High School

    0.26 miles

  • Ralph Waldo Emerson School #58

    0.28 miles

  • Christian Park School #82

    0.61 miles

  • Our Lady of Lourdes School

    0.72 miles

  • George W. Julian School 57

    0.90 miles

  • Saint Therese School

    1.13 miles

  • Scecina Memorial High School

    1.27 miles

  • Brookside School #54

    1.40 miles

  • Saint Phillip Neri School

    1.45 miles

  • Florence Fay School #21 (Closed 2007)

    1.46 miles

  • Kiddie Kollege

    2.13 miles

  • In His Arms Child Care

    2.77 miles

  • Beech Babies Childcare Ministries

    2.96 miles

  • Stepping Stones

    3.50 miles

  • St. Mary's Child Center

    4.11 miles

  • Tyler's Journey Childcare Ministry

    4.32 miles

  • God's Angels Childcare

    4.44 miles

  • Day Early Learning Lilly Family Center

    4.71 miles

  • Decision Childcare Ministries

    4.94 miles

  • Reach to Teach Daycare

    5.11 miles

Frequently Asked Questions

How much does Positioned Near Growing Indianapolis with Value-Add Upside cost?

The sale price for Positioned Near Growing Indianapolis with Value-Add Upside is available upon request. Contact the listing broker for more information.

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