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Teal Run Apartments

The Property Story

Teal Run features a well-balanced unit mix of 56 one-beds at an average of 661 SF, and 97 two-beds at an average of 868 SF. The pet-friendly community features amplegreen space, a soccer field, lush landscaping, proximity to downtown Indianapolis,and an updated exterior lghting package. Unit interiors feature beautiful new upgrades including air conditioning, new windows and doors, new appliances (including a dishwasher), open floor plans, and renovated storage areas. The community is in the Warren Township School District with easy access to I-70 & I-465,Washington Square, and Cherry Tree Plaza.

Key Highlights

Purchase Price:

Purchase Price:

Purchase Price:

Market Bid

Year Built:

Purchase Price:

Purchase Price:

1985

Number of Units

Purchase Price:

Number of Units

153

2302 Winding Drive Indianapolis, IN 46229

Location Description

With a growing population of around 875,000 within city limits and a metropolitan population of over 2,000,000, Indianapolis is one of the fastest growing MSAs in the entire Midwest (7% growth from 2011-2019). The metro incorporates a diverse business base and a growing list of corporate announcements, such as Salesforce’s recently opened $40M regional headquarters and their commitment to 2,000 local employees by Q4 of 2021. The city’s centralized location (one-day drive to 50% of the nation’s population), low cost of doing business (top 10 state for business tax), and the exceptional higher education institutions (20 universities with 70 miles) have all led to consistent growth and continued stability within the MSA. Since 2010, employment has grown nearly 19% with the creation of 171,000 jobs pushing unemployment to an all-time low of 2.6% in 2019. Due to the city’s friendly business dynamics and its cultivation of world-class culture, Indianapolis is poised for continued growth and prepared for the estimated 5% growth in population over the next 4 years.

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For more information on this property

1830 East Broad Street, Columbus, OH, USA

380-215-6046

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