48-Unit Apartment
For Sale
Contact for pricing
8005 Cardinal Cir, Pendleton, IN 46064
Newer apartment community with two-bedroom residences, private patios, and attached garages.
Property SizeContact for details
Days on Market159
Property Features for 8005 Cardinal Cir
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
98%
Net Operating Income
$510,142
Units
Unit Mix
48 x 2BR
Multifamily Units
48
Parking per Unit
1
Additional Details
Average Monthly Rent
$1,416
Highway Access
Yes
Amenities
private patios
one-car attached garages
Building Details
Year Built
2018
Listing Agency:
Marcus & Millichap - Tampa
Listed By:
Austin Meeker · License #RB18000247
Source:
Crexi
Added: Mar 25
Changed: Aug 29
Last Checked: Aug 29 at 11:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Tampa
Investment Insights
Based on property information with market context.
Built in 2018, this 48-unit apartment community offers two-bedroom residences measuring 1,240 square feet. Each home includes a private patio and a one-car attached garage, providing features typically associated with larger residential formats. The property spans nearly five acres and maintains a neighborhood-scale setting rather than a dense, conventional apartment layout. Current occupancy is 98%.
The community is positioned just off Interstate 69 in Pendleton, with Hamilton Town Center in Fishers approximately seven minutes away. The location provides access to retail, dining, and entertainment within the northeastern Indianapolis suburban corridor.
The community is positioned just off Interstate 69 in Pendleton, with Hamilton Town Center in Fishers approximately seven minutes away. The location provides access to retail, dining, and entertainment within the northeastern Indianapolis suburban corridor.
Key Highlights
- 48‑unit apartment community constructed in 2018
- 1,240‑square‑foot two‑bedroom floor plans
- Private patios and one‑car attached garages
Property Analytics
Property Profile
Current Use
Lease Details
48
Residential units
98%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 46064, IN
16,908
Population
6,158
Households
2.7
Avg Household Size
39
Median Age
32%
College-Educated
92%
High-School Grad
66.8 sq mi
ZIP Area
253
Density / Sq Mi
$92,012
Median Household Income
$50,947
Median Earnings
$1,121
Median Rent
$256,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Newer apartment community with two-bedroom residences, private patios, and attached garages.
Where is this apartment building located?
The property is located at 8005 Cardinal Cir Pendleton, IN.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: 48‑unit apartment community constructed in 2018; 1,240‑square‑foot two‑bedroom floor plans; Private patios and one‑car attached garages
