9050 800 S Pendleton, IN 46064
48-unit multifamily community in Pendleton, Indiana, built in 2018.
Type:Multifamily
Lot size:
5.00 Acres- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 5:40 am
Property Features for 9050 800 S
General Information
- Standard status
- Active
- Lot size
- 5.00 Acres
- Property subtype
- Multifamily
Listing agent Aaron Kuroiwa License #IN: RB17000780 (317) 218-5330
Listing office Indianapolis Office (317) 218-5330
Listing date Apr 3, 2026
Source Marcusmillichap
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All listing content including descriptions, pricing, images are the copyrighted material of Indianapolis Office
Overview
Summerlake Meadows Apartments For Sale
Summerlake Meadows Apartments is a 48-unit multifamily community located in Pendleton, Indiana. Constructed in 2018, the property features 1,240-square-foot two-bedroom floor plans, each equipped with private patios and one-car-attached garages. The property is currently operating at 98 percent occupancy. Situated on nearly five acres, Summerlake Meadows offers a low-density, neighborhood-style living environment. Summerlake Meadows benefits from a location just off Interstate 69, providing residents with direct access to the eastern Hamilton County corridor. The property is located seven minutes from Hamilton Town Center in Fishers, offering a range of retail, dining, and entertainment options. The location benefits from the continued population growth and economic expansion occurring throughout the northeastern Indianapolis suburbs. With effective in-place rents averaging $1,416 per month at Summerlake Meadows, there is upside in rental rates based on comparable properties. The average two-bedroom rents in the immediate or adjacent markets is $1,739 per month, making the average rent gap between the property and comparable properties $323 per month. The 1,240 square foot floor plans average 188 square feet larger than the average two-bedroom comparable properties.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Pendleton
- County
- Madison
- State
- Indiana
- Longitude
- -85.8237011
- Latitude
- 39.9726761
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 48-unit multifamily community in Pendleton, Indiana, built in 2018.
Where is this apartment building located?
The property is located at 9050 800 S Pendleton, IN.
What are key features of this property?
This property features: Newer construction (2018) in a high‑growth Indianapolis MSA corridor.; Significant rental upside potential with a $323 average rent gap compared to comparable properties.; High occupancy rate of 98 percent.
