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Aion Partners Acquires Multifamily Property In Indianapolis For $108.5M

Property Image
SOLD
$108,500,000

Indiana

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MultiFamily414,697 SF
Sold 03/26/2021
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Property Image
SOLD

Aion Partners Acquires Multifamily Property In Indianapolis For $108.5M

2100 Westlane Rd, Indianapolis, Indiana, USA

See Similar Deals
MultiFamily414,697 SF
Sold 03/26/2021
Contact now

Summary

INDIANA
Asset Type:MultiFamily
Price Per Square Foot:$261
Total Square Footage:414,697 SF
Transaction Type:Sale

On March 26, 2021, a multifamily property located at 2100 Westlane Rd in Indianapolis, IN was sold for a total price of $108,500,000. The property, which consists of 1,426 units, was purchased by Aion Partners from The RADCO Cos. The transaction was facilitated by brokers George Tikijian, Hannah Ott, and Cameron Benz from Cushman & Wakefield Indiana. The per unit price for the sale amounted to $76,087.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $108,500,000
  • Address: 2100 Westlane Rd, Indianapolis, IN
  • Market: Indianapolis, IN
  • Buyer: Aion Partners
  • Seller: The RADCO Cos.
  • Brokers: George Tikijian, Hannah Ott & Cameron Benz - Cushman & Wakefield Indiana
  • Price Per Unit: $76,087
  • Units: 1,426

The successful transaction of this multifamily property was made possible through the collaborative efforts of Aion Partners, as the buyer, and The RADCO Cos., as the seller. The deal was brokered by George Tikijian, Hannah Ott, and Cameron Benz from Cushman & Wakefield Indiana, who played pivotal roles in facilitating the transaction.

Players

George Tikijian
5 deals$305.6M volume
BROKER

Hannah Ott
CBRE
5 deals$305.6M volume
BROKER

Cameron Benz
CBRE
5 deals$305.6M volume
BROKER

Cushman & Wakefield
BROKERAGE


Details

SOLD
IMAGE: George Tikijian, Hannah Ott & Cameron Benz DATE: 03/26/2021 ADDRESS:  2100 Westlane Rd MARKET: Indianapolis, IN ASSET TYPE: Multifamily BUYER: Aion Partners SELLER: The RADCO Cos. BROKERS: George Tikijian, Hannah Ott & Cameron Benz - Cushman & Wakefield Indiana PRICE: $108,500,000 PPU: $76,087 UNITS: 1,426

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