Park Forest Apartments | 4521 Park Forest Ct
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Park Forest Apartments 4521 Park Forest Ct
112 Unit Apartment Building For Sale Indianapolis, IN 46226
Investment Highlights
- Park Forest offers 112 spacious two-bedroom units.
- Located just 10 minutes away, Fort Harrison State Park is a haven for nature enthusiasts. Offering tranquil picnic areas and jogging trails.
- Access to large employment base and quick commute to nearly all of Indianapolis.
- The Lawrence area is experiencing exciting growth transforming into a lively and dynamic community.
Executive Summary
XMark Midwest is pleased to offer Park Forest Apartments a 112-unit apartment community located in Northeast Indianapolis. Built in 1961, the property consists of 13 two-story buildings situated on a 7.98-acre site. Park Forest Apartments offers 112 two-bedroom units each with a private patio or balcony. The units boast large floor plans with spacious closets, washer/dryer hookups, nicely equipped kitchens, and central heating and cooling. Park Forest is situated in the lively Devington/Lawrence area of Indianapolis, just 5 minutes from I-465 and the bustling Pendleton Pike retail and industrial corridor. Located about 20 minutes northeast of downtown Indianapolis, the neighborhood provides convenient access to I-465, making commuting to various parts of the city quick and easy. Its close proximity to Pendleton Pike connects residents to a significant employment hub, with abundant retail and industrial job opportunities along the expanding corridor.
Property Facts
| Sale Type | Investment | Lot Size | 7.98 AC |
| No. Units | 112 | Building Size | 112,000 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1961 |
| Building Class | B | Parking Ratio | 1.02/1,000 SF |
| Sale Type | Investment |
| No. Units | 112 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 7.98 AC |
| Building Size | 112,000 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.02/1,000 SF |
Unit Amenities
- Air Conditioning
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Refrigerator
- Oven
- Range
- Dining Room
- Lawn
- Wheelchair Accessible (Rooms)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 112 | - | 928 |
1 of 1
PROPERTY TAXES
| Parcel Number | 49-07-14-114-001.000-401 | Improvements Assessment | $2,363,600 |
| Land Assessment | $444,600 | Total Assessment | $2,808,200 |
PROPERTY TAXES
Parcel Number
49-07-14-114-001.000-401
Land Assessment
$444,600
Improvements Assessment
$2,363,600
Total Assessment
$2,808,200
zoning
| Zoning Code | ZO01 |
| ZO01 |
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Park Forest Apartments | 4521 Park Forest Ct
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.