Updated Sep 24, 2026
Jonathan Brody, Chaim Ciment & Michael Schattner Of Base Realty Group Facilitate $44.65M Indianapolis Multifamily Sale
$44,650,000
$136/SF
Building Size
326,736 SF
Asset Type
MultiFamily
Closing
Sep 17, 2026
About this deal
AI
The transaction involves a MultiFamily asset located in Indianapolis, IN, consisting of 400 units. The sale price was set at $44,650,000, with a price per unit of $111,625. The total square footage of the property is 322,904, and the price per square foot is $138.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $44,650,000
- Units: 400
- Price Per Unit: $111,625
- Square Footage: 322,904
- Price Per Square Foot: $138
The brokers representing the transaction are Jonathan Brody, Chaim Ciment, and Michael Schattner from Base Realty Group, facilitating the sale and contributing their expertise in the Indianapolis market.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93