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Property profile & analytics
OFF-MARKET
Land

0 Opportunity Pkwy Greenfield, IN 46140

31 ac lot Built 2024
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Year built 2024
Lot 31 ac (1,350,360 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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