Aion Partners Acquires Multifamily Property In Indianapolis For $108.5M

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.