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5500 S Emerson Ave
Indianapolis, IN 46237 Hill Valley

Price Upon Request

Apartments For Sale  •  60,000 SF

Property Details

• Property Type Apartments
• Total Building Size 98,190 SF
• Lot Size 0.03 AC
• Building Class B
• Year Built 2000

10 Transit Score

50 Walk Score

Highlights

2000's Vintage Townhome Product - Rare, condo-quality construction with large floorplans and attached garages

?Proven Value-Add with Remaining Upside - 34 of 66 units have been renovated achieving $200/mo rent premiums

?Proximity to Major Employment Drivers - Near Eli Lilly, Amazon logistics hubs, and IU Health

?Attractive In-Place Yield - Day-one 6.1% cap rate with upside through continued renovations

Amenities

• Air Conditioning
• Cable Ready
• Dishwasher
• Disposal
• Microwave
• Washer/Dryer Hookup
• Heating
• Security System
• Ceiling Fans
• Kitchen
• High Speed Internet Access
• Range
• Tub/Shower
• Walk-In Closets
• Carpet
• Dining Room
• Loft Layout
• Vinyl Flooring
• Window Coverings

Public Transportation

Commuter Rail	Drive	Walk	Distance
	16 min	-	9.3 mi
Airport	Drive	Walk	Distance
Indianapolis International	33 min	-	19.0 mi