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    Opportunity Pkwy Greenfield, IN 46140

    Sponsored
    For Sale
    Contact for pricing

    Luxury Apartments, High ROI Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents Accolade Apartments, a brand-new, 240-unit apartment community situated on a sprawling 31-acre lot in Greenfield, Indiana. Completed in 2024, this value-add multifamily property boasts a prime location near Greenfield's main retail corridor and a convenient 30-minute drive from downtown Indianapolis. The property features thirteen three-story and two-story residential buildings offering a diverse range of unit sizes, including studios, one-, two-, and three-bedroom apartments, catering to a broad spectrum of residents. Units are equipped with modern amenities such as stainless-steel appliances, premium flooring and cabinetry, and contemporary spacious layouts. Residents enjoy a luxurious lifestyle with resort-style amenities including a swimming pool, a state-of-the-art fitness center, and a spacious dog park. The property's strategic location, coupled with its high-quality construction and desirable amenities, creates a unique and highly sought-after living experience unmatched in Greenfield. The asking price for this exceptional investment is $61,500,000. The property's APN is 30-07-20-200-003.000-009 and is zoned for multi-family use. This is a rare opportunity to acquire a newly constructed, high-demand apartment complex in a rapidly growing market.

    Property Features for 0 Opportunity Pkwy

    General Information

    Property type
    Multifamily properties
    Lot Size
    1,350,360 SF

    Building Details

    Year Built
    2024

    HighLights

    • 240‑unit apartment community.
    • Greenfield, Indiana location.
    • High‑quality, market‑rate apartments with modern amenities.
    • Resort‑style amenities including a pool, fitness center, and dog park.
    • Prime location near retail corridor, 30 minutes from downtown Indianapolis.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greenfield
    County
    Hancock
    State
    Indiana
    Longitude
    -85.7782575
    Latitude
    39.8247005

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    FAQs

    What type of property is this?
    Multifamily property - Luxury Apartments, High ROI Potential
    Where is this multifamily property located?
    The property is located at Opportunity Pkwy Greenfield, IN.
    What is the asking price?
    The asking price for this property is $61,500,000.
    What are key features of this property?
    This property features: 240-unit apartment community.; Greenfield, Indiana location.; High-quality, market-rate apartments with modern amenities.
    Request Owner's contact information
    Opportunity Pkwy Greenfield, IN 46140
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Opportunity Pkwy Greenfield, IN 46140
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