This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

UI Student Housing Portfolio 1400 E Hanna Ave

25 Unit Block of Flats £3,515,544 (£140,622/Unit) 6.84% Net Initial Yield Indianapolis, IN 46227

Investment Highlights

  • All units are fully leased for the 2023 - 2024 School Year
  • Located just blocks away from University Of Indianapolis Campus
  • 21 total buildings

Executive Summary

Portfolio of student housing for the University of Indianapolis. Includes 25 doors, with 73 total bedrooms. 100% leased for the '24-'25 school year.

Property Facts

Price £3,515,544
Price Per Unit £140,622
Sale Type Investment
Net Initial Yield 6.84%
Sale Conditions Portfolio Sale
No. Units 25
Property Type Residential
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Single Family Home
Building Class C
Lot Size 0.21 AC
Building Size 30,059 SF
Average Occupancy 100%
Number of Floors 1
Year Built 1920
Parking Ratio 0.1/1,000 SF

Unit Amenities

  • Air Conditioning

Site Amenities

  • 24 Hour Access

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-10-30-118-157.000-574
Land Assessment
£8,600
Improvements Assessment
£0
Total Assessment
£8,600

zoning

Zoning Code SFR (Residential)
SFR (Residential)
  • Listing ID: 31612156

  • Date on Market: 25/04/2024

  • Last Updated:

  • Address: 1400 E Hanna Ave, Indianapolis, IN 46227

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}