Covenant Capital Group Acquires Multifamily Property In Indianapolis For $26.5M

The multifamily property located at 811 Antique Ct in Indianapolis, IN has been sold for a total price of $26,500,000. The transaction took place on September 8, 2021, and the property consists of 221 units. The price per unit for this sale is $119,910. The buyer of the property is Covenant Capital Group, while the seller is Mordoh Development LLC. The deal was facilitated by the brokers Matt Cogen, Brian Devlin, Brandon Wilson, and Noah Budd from The Kirkland Company.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $26,500,000
• Units: 221
• Price per Unit: $119,910
• Buyer: Covenant Capital Group
• Seller: Mordoh Development LLC
• Brokers: Matt Cogen, Brian Devlin, Brandon Wilson, and Noah Budd - The Kirkland Company

The successful sale of the property at 811 Antique Ct was made possible by the cooperation of Covenant Capital Group as the buyer and Mordoh Development LLC as the seller. The brokers involved in the transaction, namely Matt Cogen, Brian Devlin, Brandon Wilson, and Noah Budd from The Kirkland Company, played crucial roles in facilitating the deal. Their expertise and negotiation skills helped ensure the smooth completion of the transaction.