Overview
| Units | 247 |
| Year Built | 2019 |
| Occupancy | 97% |
| Building Size | 238,420 SF |
| Average Unit Size | 965 SF |
| Parking Ratio | 1.85 / Unit |
| Cap Rate | 5.10% |
| Price | Confidential |
| Market | Indianapolis MSA |
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Highlights
Maple Grove Apartments is a 247-unit institutional-quality multifamily community strategically located within one of Indianapolis’ premier growth corridors. Built in 2019, the property offers modern construction, exceptional amenities, and consistently strong occupancy. Investors have the opportunity to acquire a stabilized asset with attractive in-place cash flow while benefiting from continued rent growth, expanding employment, and favorable long-term demographic trends throughout the Indianapolis metropolitan area.
Investment Highlights
- 97% Occupancy
- Strong Historic Rent Growth
- Immediate Value-Add Potential
- Institutional Ownership History
- Stable Cash Flow
- Strong Demand Fundamentals
- Attractive Long-Term Appreciation Potential
- Professionally Managed Asset
Property Highlights
- 247 Class A Apartment Homes
- Built in 2019
- Resort-Style Amenity Package
- Modern Open-Concept Floor Plans
- Attached & Detached Garage Options
- High-End Interior Finishes
- State-of-the-Art Fitness Center
- Resort-Style Swimming Pool
Location Highlights
- Located in Westfield, Indiana
- Award-Winning Westfield Washington Schools
- Minutes from Grand Park Sports Campus
- Convenient Access to US-31 & SR-32
- Strong Population & Employment Growth
- Near Major Retail & Dining
- Highly Desirable Hamilton County Submarket
- Excellent Long-Term Demographics
Location
Located in one of Indianapolis’ strongest growth corridors with immediate access to I-465, major employment centers, premier retail destinations, and rapidly expanding residential development.
- Immediate access to I-465
- 15 minutes to Downtown Indianapolis
- Adjacent to major employment centers
- Strong population growth
- High-income demographics
- Excellent retail and dining access
More Than a Brokerage Firm, We’re Your Strategic Advisor.
At Greysteel, we move beyond the traditional brokerage model. We function as a true partner, offering comprehensive real estate investment services that align with your strategic objectives. Our focus is on building long-term relationships and delivering results that empower your success in a dynamic market.
