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Aion Partners Acquires Multifamily Portfolio In Indianapolis For $108.5M

Property Image
SOLD
$108,500,000

Indiana

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MultiFamily1,426 SF
Sold 03/26/2021
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Property Image
SOLD

Aion Partners Acquires Multifamily Portfolio In Indianapolis For $108.5M

5810 Sebring Dr, Indianapolis, Indiana, USA

See Similar Deals
MultiFamily1,426 SF
Sold 03/26/2021
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Summary

INDIANA
Asset Type:MultiFamily
Price Per Square Foot:$76,087
Total Square Footage:1,426 SF
Transaction Type:Sale

A multifamily property located at 5810 Sebring Dr, 2085 Waterford Pl, and 2100 Westlane Rd in Indianapolis, IN has been sold. The transaction took place on March 26, 2021. The property consists of 1,426 units, and the sale price was $108,500,000, resulting in a per unit price of $76,087. The buyer of the property was Aion Partners, while the seller was The RADCO Cos. The deal was facilitated by brokers George Tikijian, Hannah Ott, and Cameron Benz from Cushman & Wakefield Indiana.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $108,500,000
  • Address: 5810 Sebring Dr, 2085 Waterford Pl, and 2100 Westlane Rd, Indianapolis, IN
  • Units: 1,426
  • Price per Unit: $76,087

George Tikijian, Hannah Ott, and Cameron Benz from Cushman & Wakefield Indiana played a crucial role in representing the buyer, Aion Partners, and the seller, The RADCO Cos., in this 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: 5810 Sebring Dr, 2085 Waterford Pl & 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 UNITS: 1,426 ~ PPU: $76,087

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