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1840 National Ave
Indianapolis, IN 46227
College Crossing · Multifamily Property For Sale · 56 Units

Property Facts

No. Units 56
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 2.24 AC
Building Size 78,600 SF
Average Occupancy 96%
No. Stories 4
Year Built 2006
Parking Ratio 2.18/1,000 SF
Zoning R-3 - Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • Clubhouse
  • Courtyard
  • Fitness Center
  • Laundry Facilities
  • Furnished Units Available
  • Gameroom
  • Public Transportation
  • Roommate Matching

About 1840 NATIONAL AVE , INDIANAPOLIS, IN 46227

College Crossing is a 168-Bed purpose-built student housing community that serves the University of Indianapolis (UIndy) student population. The 56-unit property was built in 2006 by Trinitas Ventures, a student housing developer based in Lafayette, Indiana. The property is located on the southeast side of Indianapolis on National Avenue adjacent to the UIndy campus. In addition to being walkable to campus, this location also provides students quick access to downtown Indianapolis (10-minute drive), the increasingly popular Fountain Square and ½ mile to the Keystone exit on I-65. College Crossing is a single 4 story building around an outdoor central courtyard. There are 3 stories on the exterior of the building and 4 floors on the interior of the building for the units that face the interior courtyard. There are 12 - 2 bed/2 bath units, 32 - 3 bed/2 bath units and 12 - 4 Bed/2 bath units. The property rents by the bedroom and does “roommate match”. Units are not furnished, but furniture is available to rent if the students wish. Amenities include: fitness center, clubroom with billiards, high speed fiber optic internet delivered by Spectrum (included with rent) and a study room / computer center.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 12 $1,028 728
3+2 32 $1,200 903
4+2 12 $1,644 1,078

Property Taxes

Property Taxes

Parcel Number
49-10-30-105-012.000-574
Land Assessment
$202,400
Improvements Assessment
$5,010,000
Total Assessment
$5,212,400
  • Listing ID: 13545372

  • Date on Market: 8/20/2018

  • Last Updated:

  • Address: 1840 National Ave, Indianapolis, IN 46227

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